Washington: US President Donald Trump is going ahead with plans to announce new tariffs on about $US200 billion ($280 billion) of Chinese imports, The Wall Street Journal has reported.

Both sides were preparing to hold new talks on their tariff dispute. Last week Trump told reporters such a move could come soon.

The Journal cited unnamed people familiar with the matter who said the tariff level will likely be set at about 10 per cent, below the 25 per cent announced earlier this year.

The two governments have already imposed 25 per cent tariffs on $US50 billion of each other's goods. Beijing has issued a list of another $US60 billion of American products for retaliation if Trump's next tariff hike goes ahead.