US President Donald Trump defended Saturday his hardline trade policy against China, arguing that the tariffs he imposed are bringing in ...
WASHINGTON: US President Donald Trump defended Saturday his hardline trade policy against China, arguing that the tariffs he imposed are bringing in"billions" from the Beijing government.
Trump also said that other countries, fearful of being punished with US levies like China is, are clamoring to reach trade deals with the United States. On Thursday Trump announced plans to impose tariffs on another US$300 billion in Chinese goods in September. The threat jolted global stock markets.Trump's announcement came a day after US and Chinese trade negotiators revived talks aimed at ending the year-long dispute.
China on Friday threatened to retaliate. It has already imposed tariffs on US$110 billion in American goods, almost all of the products it imports from the US.
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