At a rally in Florida late Wednesday, Trump accused that China “broke the deal” as the trade negotiations entered the final stage. And he pledged no to back down on tariffs unless China “stops cheating our workers”. He said, “I just announced that we’ll increase tariffs on China and we won’t back down until China stops cheating our workers and stealing our jobs, and that’s what’s going to happen, otherwise we don’t have to do business with them”. And, ‘They broke the deal,” he added. “They can’t do that. So they’ll be paying. If we don’t make the deal, nothing wrong with taking in more than $100 billion a year.”
In response to new tariff threats, China’s Ministry of Commerce said in a statement: “Escalating the trade conflict is not in the interest of the people in both countries and the world. China deeply regrets the move. But if the US tariff measures are implemented, China will have to take necessary countermeasures.” Chinese Vice Premier will be in Washington to try to save the trade deal while new round of tariffs will take effect in less than 24 hours.
