U.S. eyes 25% tariffs on $200 bil. in Chinese imports

U.S. Trade Representative Robert Lighthizer said Wednesday he will contemplate more than doubling the proposed tariffs on $200 billion of Chinese goods to 25 percent as instructed by President Donald Trump."On June 18, the President directed me to identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent, in response to China's decision to cause further harm to U.S. workers, farmers, and businesses by imposing retaliatory duties on U.S. goods," he said in a statement."This week, the President has directed that I consider increasing the proposed level of the…READ FULL ARTICLE