‘China is going to have to make a deal that I like’: Trump says U.S. will raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war
WASHINGTON - The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said on Tuesday, threatening an escalation of the spat that has damaged economic growth worldwide.
“If we don’t make a deal with China, I’ll just raise the tariffs even higher,” he told a room filled with senior U.S. officials. Hopes were high that a partial trade deal could be signed at a summit in Santiago, Chile that was scheduled for mid-November. The summit was canceled amid unrest in Chile and a path forward for a deal remains unclear.Sticking points include how and when to reduce tariffs and how much U.S. agricultural products China would commit to buy.
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