The United States will raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade dispute, President Trump said Tuesday, threatening an escalation of the action that has damaged economic growth of the world’s 2nd largest economy severely.
Speaking at a cabinet meeting at the White House, President Trump said he had a good relationship with China, noting that China was “moving along.” However, he said China would have to make a deal “I like.”
“If we don’t make a deal with China, I’ll just raise the tariffs even higher,” he told a room filled with senior US officials
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