Lighthizer says U.S. will raise tariffs to 25% on Friday: reports

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Lighthizer says U.S. will raise tariffs to 25% on Friday: reports
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U.S. Trade Representative Robert Lighthizer said the U.S. will raise tariffs on China to 25% from 10% on $200 billion worth of goods on Friday morning, media...

U.S. Trade Representative Robert Lighthizer said the U.S. will raise tariffs on China to 25% from 10% on $200 billion worth of goods on Friday morning, media reports said. Lighthizer reportedly told reporters at a briefing that China was "reneging" on previous commitments in talks and talked of "erosion in commitments," though he didn't say in which areas China backtracked. Lighthizer said he did expect talks to continue with Chinese officials on Thursday and Friday.

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