Article 4EQKA 'They'll be paying': Trump blasts China as US prepares to raise trade tariffs

'They'll be paying': Trump blasts China as US prepares to raise trade tariffs

by
Larry Elliott and David Smith in Washington
from Economics | The Guardian on (#4EQKA)

US president tells rally China 'broke the deal' and publishes list of imported products that will face higher tariffs from Friday

Donald Trump has accused China of "breaking" a deal it had reached in trade talks with the US, as the two countries moved to within 36 hours of a full-scale trade war and the US trade representative's office filed the formal paperwork needed to increase duties on $200bn (153bn) of Chinese goods.

Speaking at a rally in Florida on Wednesday night, the US president said: "By the way, you see the tariffs we're doing? " Because they broke the deal. They broke the deal. So they're flying in, the vice premier tomorrow's flying in - good man - but they broke the deal. They can't do that, so they'll be paying."

The president added: "If we don't make the deal, nothing wrong with taking it over $100bn a year - $100bn, we never did that before."

Related: Trump escalates trade war with China with plan to raise tariffs

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments