Thursday, 28 Mar 2024

Trump says China 'broke the deal' in trade talks, will pay through tariffs

PANAMA CITY BEACH, UNITED STATES (REUTERS) – President Donald Trump said on Wednesday that China “broke the deal” in trade talks with Washington and would face stiff tariffs if no agreement is reached.

“You see the tariffs we’re doing?” Trump told a rally with supporters in Florida.

“Because they broke the deal. … They broke the deal. So they’re flying in. The vice premier tomorrow is flying in, but they broke the deal. They can’t do that. So they’ll be paying. If we don’t make the deal, nothing wrong with taking in more than US$100 billion (S$136 billion) a year.”

Trump has threatened to impose additional tariffs on Chinese goods beginning on Friday (May 10) after China backtracked on substantial commitments it made during ongoing trade talks, top US trade officials said this week.

Source: Read Full Article

Related Posts