Washington (CNN) President Donald Trump is planning to impose a fresh round of tariffs targeting about $200 billion in Chinese goods, The Wall Street Journal reported Saturday, citing individuals familiar with the matter. The Journal reported that individuals briefed on the plan said the specifics are still being worked out, but they anticipate an official announcement of the new tariffs on either Monday or Tuesday. The next round of US tariffs on Chinese goods is likely to make thousands of products , including dishwashers, Fitbit fitness trackers and food seasonings, more expensive for American consumers. The Trump administration has already imposed 25% tariffs on $50 billion worth of Chinese goods. Trump has said the tariffs are necessary to punish Beijing for what he says are its unfair trade practices and intellectual property theft.

Source: Wall Street Journal September 15, 2018 22:30 UTC