U.S. threatens to raise tariffs to 25 percent on Chinese goods

On May 5, U.S. President Donald Trump threatened to raise existing tariffs on Chinese imports from 10 to 25 percent by May 10

President Trump also vowed to “soon” target remaining Chinese imported goods with tariffs not currently covered in the trade dispute. The announcement comes on the heels of reports that China reneged on commitments to change laws to resolve core complaints identified by the U.S., which include intellectual property theft and forced technology transfers, during the trade negotiations. This Resilience360 special report helps in understanding the consequences of these disruptions and how they may affect businesses and their supply chains.