6/14/2018, 7:34 PM (Source: TeleTrader)
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Report: US reduces list of Chinese goods targeted with tariffs

Washington's list of Chinese goods that will be hit with import tariffs has been reduced from around 1,300 products to between 900 and 800, CNBC reported on Thursday citing sources close to the matter.

The final decision is scheduled for announcement on June 15, while United States President Donald Trump is meeting with advisers today for the last round of consultations on the matter.

In April, United States Trade Representative Robert Lighthizer revealed a preliminary list of Chinese imports that included 1,300 products used for robotics, information technology and aerospace industry, among other things. Earlier in June, the Chinese government stated that there would be no trade deal between the two countries and announced retaliatory measures if trade restrictions take effect.

Breaking the News / NI