Beijing on Friday sharply criticized President Trump’s decision to slap tariffs on everything that China exports to the United States, saying they were “not constructive” for reaching a trade deal and that Washington would have to “bear all the consequences” for its actions.
Barely a day after negotiators from the two sides wrapped up talks in Shanghai, agreeing to meet again in September and keep working on a deal to end their protracted trade war, Trump announced Thursday that he would impose a 10 percent tariff on the remaining $300 billion worth of untaxed imports from China.
This means everything that China sells to the United States-from clothes and iPhones to chemicals and construction equipment-will have levies of between 10 and 25 percent on them starting in September.
Click to continue reading this Washington Post article.