US President Donald Trump waves during joint statements with China's President Xi Jinping at the Great Hall of the People in Beijing, China, November 9, 2017. Thomas Peter, ReutersWASHINGTON -- US President Donald Trump plans to announce new tariffs of about $200 billion on Chinese imports as early as Monday, the Wall Street Journal reported on Saturday. The Trump administration is demanding that China cut its $375 billion trade surplus with the United States, end policies aimed at acquiring US technologies and intellectual property and roll back high-tech industrial subsidies. The Trump administration has already levied duties on $50 billion worth of Chinese goods following a study on China's intellectual property practices released earlier this year. Adding in the $200 billion list and another $267 billion of Chinese goods, total imports from China facing tariffs would exceed the $505 billion in goods that the United States imported from China last year.

Source: Wall Street Journal September 15, 2018 20:48 UTC