FIRST AIRED: September 16, 2018

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Transcript

00:00:00
>> Donald Trump is likely to announce new tariffs on Chinese imports as early as Monday, according to a senior administration official speaking to Reuters. The tariffs will be on about $200 billion worth of goods, including Internet tech products and other electronics. And consumer goods including Chinese seafood, furniture, plastics, and bicycles.
00:00:22
The Wall Street Journal reported the tariff level will probably be about 10%, far below the 25% the administration said it was considering. The Trump administration has already levied duties on $50 billion worth of goods. But this week, the world's two biggest economies looked like they were making progress on trade.
00:00:41
Fears of a trade war calmed after the treasury invited senior Chinese officials for more talks. And Beijing welcomed the step.
00:00:49
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