The Trump Administration will unveil imports of Chinese imports targeted for new tariffs this week to punish China for technology transfer policies, which would increase trade tensions between the world's two largest economies.
The list of imports worth $ 50-60 billion is expected to target largely high-tech products, and it may take more than two months before tariffs apply.
China yesterday responded to the US administration, imposing new tariffs up to 25% on 128 US products. Fears of an escalating trade war between the two countries has increased, which would have a negative impact on global economic growth.
