Trump directs top officials to raise tariffs on all remaining imports from China
The US president Donald Trump has directed the top officials to kick-start the process of raising tariffs on all the remaining Chinese goods worth $300 billion. This will be in addition to a fresh 15% tariff hike imposed on Thursday on $200 billion worth of imports. The trade talks between China and the US ended with no breakthrough on Friday. After the tariffs get imposed, it'll be worth watching what China will do.