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Trump signals China tariff hike ahead of meeting with Xi Jinping

Trump said it was "highly unlikely" he would accept China's request to hold off on the increase, which is due to take effect on January 1

Reuters  |  Washington/Beijing 

US President Donald Trump said on Monday he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 per cent from the current 10 per cent and repeated his threat to slap tariffs on all remaining imports from China. In an interview with the Wall Street Journal four days ahead of his high-stakes meeting with Chinese President Xi Jinping in Argentina, Trump said it was “highly unlikely” he would accept China’s request to hold off on the increase, which is due to take effect on January 1. “The only deal would be China has to open ...

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First Published: Tue, November 27 2018. 16:36 IST
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