President Trump on Thursday threatened to impose additional tariffs on 'at least' $300 billion in Chinese goods if Beijing refuses to acquiesce to his demands.“Our talks with China, a lot of interesting things are happening. We’ll see what happens. . . . I could go up another at least $300
President Trump on Thursday threatened to impose additional tariffs on “at least” $300 billion in Chinese goods if Beijing refuses to acquiesce to his demands.
Tensions between Washington and Beijing have continued to escalate since May, when Trump raised tariffs on $200 billion in Chinese goods to 25 percent after face-to-face negotiations broke down.“If the United States willfully decides to escalate tensions, we’ll fight to the end,” ministry spokesman Gao Feng told a regular news briefing. “China does not want to fight a trade war, but also is not afraid of one.
The president’s comments come after negotiators for the U.S. and Mexico failed to come to an agreement on Wednesday that would’ve avoided the implementation of a 5 percent tariff on Mexican goods entering the U.S.
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