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Trump to back US$200 bil China tariffs as early as next week, sources say

Bloomberg Published on Fri, Aug 31, 2018 / 7:58 AM GMT+8

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WASHINGTON (Aug 31): President Donald Trump wants to move ahead with a plan to impose tariffs on US$200 billion ($273.5 billion) in Chinese imports as soon as a public-comment period concludes next week, according to six people familiar with the matter.

Companies and members of the public have until Sept 6 to submit comments on the proposed duties, which cover everything from selfie sticks to semiconductors.

The president plans to impose the tariffs once that deadline passes, according to the people familiar with the matter, who spoke on condition of anonymity because the discussions are not public.