Comment on Trump ready to hit all Chinese imports with tariffs

Trump ready to hit all Chinese imports with tariffs

President Donald Trump has indicated that he’s willing to hit every product imported from China with tariffs and again criticized the Federal Reserve, as well as some of the nation’s biggest trading partners. The comments sent U.S. markets sliding early Friday. In a taped interview with the business channel CNBC, Trump said “I’m willing to go to 500,” referring roughly to the $505.5 billion in goods imported last year from China. The administration to date has slapped tariffs on $34 billion of Chinese goods in a trade dispute over what it calls the nation’s predatory practices. China has retaliated with duties of its own, hitting U.S.

 

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