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Trump Threatens to Tax Virtually All Chinese Imports to US

U.S. President Donald Trump is threatening to impose tariffs on another $267 billion worth Chinese imports, which would cover virtually all the goods China imports to the United States. The potential tariffs would come on top of punitive levies on $50 billion in Chinese goods already in place, as well as tariffs on another $200 billion worth of goods that Trump says "could take place very soon." He told reporters traveling with him to Fargo, North Dakota, on Friday that "behind that, there's another $267 billion ready to go on short notice if I want." "That changes the equation," he added. Such a move would subject virtually all U.S. imports from China to new duties. The president's comments came one day after a public comment period ended on his proposal to add duties on $200 billion worth of Chinese imports. White House economic adviser Larry Kudlow said Friday that the Trump administration...

 

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