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Author Topic: 'They'll be paying': Trump blasts China as US prepares to raise trade tariffs  (Read 1590 times)

NadiaWits

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'They'll be paying': Trump blasts China as US prepares to raise trade tariffs

US president tells rally China ‘broke the deal’ and publishes list of imported products that will face higher tariffs from FridayDonald Trump has accused China of “breaking” a deal it had reached in trade talks with the US, as the two countries moved to within 36 hours of a full-scale trade war and the US trade representative’s office filed the formal paperwork needed to increase duties on $200bn (£153bn) of Chinese goods.Speaking at a rally in Florida on Wednesday night, the US president said: “By the way, you see the tariffs we’re doing? … Because they broke the deal. They broke the deal. So they’re flying in, the vice premier tomorrow’s flying in – good man – but they broke the deal. They can’t do that, so they’ll be paying.”The president added: “If we don’t make the deal, nothing wrong with taking it over $100bn a year – $100bn, we never did that before.” Related: Trump escalates trade war with China with plan to raise tariffs The roots of the dispute come from US president Donald Trump’s “America first” project to protect the US’ position as the world’s leading economy, while encouraging businesses to hire more workers in the US and to manufacture their products there. Continue reading...

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