The Office of the US Trade Representative has just released a list of Chinese goods worth about 300 billion USD that could be taxed at 25% according to Mr. Trump’s previous threat.

These goods include `all products not currently on the tax list` with China in previous rounds, from milk, children’s clothing, toys, phones, laptops to aluminum and steel.

Workers in a toy factory in Jiangsu, China.

However, a few hours ago, US President Donald Trump said he had not yet decided whether to impose further tariffs on Chinese goods or not.

Yesterday, Mr. Trump also confirmed his plan to meet Mr. Xi on the sidelines of the G20 Summit, held in Japan on June 28 and 29.

Rising trade tensions are making American businesses worried.

Economists have warned that current import tariffs could hurt US growth.

The US-China trade war broke out in July 2018 with the US imposing import taxes on $34 billion of Chinese goods, accusing the country of violating intellectual property rights and having unfair trade practices.

In December 2018, the two countries had a 90-day ceasefire while waiting to negotiate a trade agreement.

However, in early May, the US suddenly raised tariffs on 200 billion USD of Chinese goods because it believed that Beijing had changed its commitments.