WASHINGTON/BEIJING—The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on consumers, U.S. Treasury Secretary Steven Mnuchin said on May 22.
Washington this month hiked existing tariffs on $200 billion in Chinese goods to 25 percent from 10 percent, prompting Beijing to retaliate with its own levies on U.S. imports, as talks to end a 10-month trade war between the world’s two largest economies stalled.