Also, in May 2018 Trump entrusted Robert Lighthizer, the U.S. Trade Representative, to prepare the list of Chinese goods on which the tariffs will be imposed. It referred to the goods from China, the overall value of which made approximately $50 billion annually The U.S. President accuses China of stealing the intellectual property of the American companies.
“Companies and members of the public have until Sept. 6 to submit comments on the proposed duties, which cover everything from selfie sticks to semiconductors. The president plans to impose the tariffs once that deadline passes, according to the people familiar with the matter, who spoke on condition of anonymity because the discussions aren’t public,” the news agency reads.
It was also noted that the tariffs will be “a serious escalation in a trade war” between Washington and Beijing.
Bloomberg reports that during an interview with Trump the President was asked to confirm this information. In reply, he smiled and said that the sources of the agency “were not so wrong”. Reuters informs that the White House refused to comment Bloomberg’s reports.