US threatens tariff increase on Chinese goods
(VOVWORLD) - US President Donald Trump on Tuesday threatened to increase tariffs on imported Chinese goods if the US and China can not reach an agreement to end the current trade war.
 US President Donald Trump (left) shakes hands with Chinese President Xi Jin-ping at the G20 Summit 2019 in Japan (Photo: Nikkei Asian Review) |
President Trump told a cabinet meeting in the White House: "China will have to make a deal that I like. If they don’t. That’s it. I am very happy with China right now. They are paying us over a hundred of billion dollars in the not too distant future."
The US has imposed tariffs on 500 billion USD worth of Chinese goods and China has retaliated with tariffs on 110 billion USD worth of US products.