"As a result of China's retaliation and failure to change its practices, the President has ordered USTR to begin the process of imposing tariffs of 10 percent on an additional $200 billion of Chinese imports. This is an appropriate response … to obtain the elimination of China's harmful industrial policies," Robert Lighthizer, the US Trade Representative, said in a news release Tuesday.
The latest action was derided by US Senator Orrin Hatch (R-Utah), who is chairman of the Senate Finance Committee, as "reckless."
In response to the announcement, the Retail Industry Leaders Association released a statement suggesting that the move will "punish" American families. It added that US President Donald Trump had broken his promise to the industry "to bring 'maximum pain on China, minimum pain on consumers.'"
— Russian Market (@russian_market) July 10, 2018
"The Trump Administration lacks the savvy and skill to impose tariffs in such a way that doesn't simply harm every single strategic trading partner from the European Union to China," Daniel Sankey, a financial policy analyst, told Sputnik prior to the late Tuesday revelation. "This demonstrates the lack of skilled economists and diplomats in this US administration."
Tariffs that previously went into effect on Friday were placed on goods that included auto parts, soybeans and lobsters. The administration is also expected to impose new tariffs on another couple hundred billion dollars in goods, POTUS told reporters last week.
