But will start at 10%The WSJ is reporting that according to a senior administration official, Pres. Trump is expected to announce additional tariffs on $200B of Chinese goods as early as Monday. However, the tariff level will likely be 10% according to people familiar with the details. The sources added that the tariff level could be raised to 25% if China does not accede to demands that they change their economic policies. A tariff announcement could jeopardize those meetings as Liu expected any additional tariffs to be delayed until after the meetings.
Source: Wall Street Journal September 16, 2018 00:33 UTC