US are preparing new levies for China

washington (anp) - The United States may announce new import duties in December on all Chinese products and services that have sprung up to date. Preparations would be made in case the reconciliation talks between US President Donald Trump and his Chinese counterpart Xi Jinping about the trade war come to nothing.

Press agency Bloomberg reports on the basis of insiders that the introduction of these levies can coincide with Chinese New Year. The celebration in China is important in February. After the announcement follows a usual review of 60 days.