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April 6, 2018
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TARIFFIC!
President Donald Trump waves as walks from Marine One on the South Lawn of the White House in Washington, Thursday, April 5, 2018, after returning from a trip to
West Virginia.
Associated Press
Trump proposes $100B in new tariffs on Chinese goods
By JILL COLVIN And it intensified what was already shaping up of additional tariffs would be appropriate and,
Associated Press to be the biggest trade battle since World War if so, to identify which products they should ap-
WASHINGTON (AP) — President Donald Trump II. ply to.
instructed the U.S. trade representative to con- Global financial markets had fallen sharply as He’s also instructed his secretary of agriculture
sider slapping an additional $100 billion in tariffs the world’s two biggest economies squared off “to implement a plan to protect our farmers
on Chinese goods on Thursday in a dramatic es- over Beijing’s aggressive trade tactics. But they and agricultural interests.”
calation of the trade dispute between the two had calmed down Wednesday and Thursday “China’s illicit trade practices — ignored for
countries. on hopes the U.S. and China would find a dip- years by Washington — have destroyed thou-
Trump’s surprise move came a day after Beijing lomatic solution. sands of American factories and millions of
announced plans to tax $50 billion in American Instead, the White House announced after the American jobs,” Trump said in a statement an-
products, including soybeans and small aircraft, markets closed Thursday that Trump had in- nouncing the decision.
in response to a U.S. move this week to slap tar- structed the Office of the United States Trade
iffs on $50 billion in Chinese imports. Representative to consider whether $100 billion Continued on Page 3