US prepares to raise China trade tariffs

Washington publishes list of imported products that will face higher tariffs from Friday

The US and China have moved to within 36 hours of a full-scale trade war after Washington published a list of imported products that will face higher tariffs from Friday.

In a clear sign of Washington’s hardline approach in talks with Beijing, the US trade representative’s office filed the formal paperwork needed to increase duties on $200bn (£153bn) of Chinese goods from 10% to 25% later this week.

Related: Trump escalates trade war with China with plan to raise tariffs

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Read the original at Economics | The Guardian.