Donald Trump wants China to negotiate a fair deal, warns of fresh tariffs
So far, the US has imposed three rounds of import duty on Chinese goods worth $250 billion
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Donald Trump holds a news conference on the sidelines of the 73rd session of the United Nations General Assembly in New York, US | Photo: Reuters
President Donald Trump threatened to impose another round of tariffs on China and warned that Chinese meddling in US politics is a “bigger problem” than Russian involvement in the 2016 election.
Asked in an interview with CBS’s “60 Minutes” whether he wants to push China’s economy into a depression, Trump said “no” before comparing the country’s stock-market losses since the tariffs first launched to those in 1929, the start of the Great Depression in the US.
“I want them to negotiate a fair deal with us. I want them to open their markets like our markets are open,” Trump said in the interview that aired on Sunday, while adding that more tariffs “might” be in the mix. So far, the US has imposed three rounds of tariffs on Chinese imports totalling $250 billion, prompting China to retaliate against US products. The president previously has threatened to hit virtually all Chinese imports with duties.
Asked in an interview with CBS’s “60 Minutes” whether he wants to push China’s economy into a depression, Trump said “no” before comparing the country’s stock-market losses since the tariffs first launched to those in 1929, the start of the Great Depression in the US.
“I want them to negotiate a fair deal with us. I want them to open their markets like our markets are open,” Trump said in the interview that aired on Sunday, while adding that more tariffs “might” be in the mix. So far, the US has imposed three rounds of tariffs on Chinese imports totalling $250 billion, prompting China to retaliate against US products. The president previously has threatened to hit virtually all Chinese imports with duties.