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Trump highly unlikely to hold off 25% tariffs on $200B Chinese goods, threaten another $267B

ActionForex
By ActionForex

In an interview with the WSJ, Trump said it was “highly unlikely” for him to hold off on raising tariffs on USD 200B in Chinese goods from 10% to 25% on January. We went further to threaten China for more tariffs if they cannot make a deal.

Trump said, “the only deal would be China has to open up their country to competition from the United States”. And, “as far as other countries are concerned, that’s up to them.”

Then Trump warned “If we don’t make a deal, then I’m going to put the $267 billion additional on”.

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