The Trump administration said it would proceed with tariffs on $50bn in Chinese imports and broader investment restrictions, rebooting a trade war with Beijing that it claimed was “on hold” less than two weeks ago.
The tariffs, to be formally unveiled in two weeks, are intended to punish Beijing for what President Donald Trump has argued is a systematic campaign by China to steal US technology.
The announcement was made as Wilbur Ross, the US commerce secretary, prepared to lead a delegation to Beijing this week and as critics in Congress assailed Mr Trump for having declared that he would soften punishment on ZTE Corp
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