You are here: Home » International » News » Economy
Business Standard

Trump threatens to hike tariffs on China by an additional $300 billion

Tensions between the world's two largest economies have risen sharply since talks aimed at ending a festering trade war broke down in early May

Steve Holland & Stella Qiu | Reuters  |  Ireland/Beijing 

US President Donald Trump has threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States. Tensions between the world’s two largest economies have risen sharply since talks aimed at ending a festering trade war broke down in early May. While Trump said on Thursday that talks with China were ongoing, no face-to-face meetings have been held since May 10, the day he sharply increased tariffs on a $200 billion list of Chinese ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, June 06 2019. 23:10 IST
RECOMMENDED FOR YOU