Trump threatens China with duties for another $ 200 billion

Investing.com – US President Donald Trump is ready for further escalation the trade conflict with China and impose 10 percent duties on imported Chinese goods for an additional $ 200 billion, the White House said.

D. Trump said that if Beijing – in response to the previously announced Washington increase of duties on Chinese goods worth $ 50 billion – will take retaliatory steps in respect of American goods, “we will meet them by conducting additional tariffs on goods for another $ 200 billion.”

“More measures are needed to encourage China to change its unfair policies, open markets for US goods, and adopt more balanced trade relations,” Trump said. […]