Trump Warns China Tariffs Could Increase Significantly
Former President Donald Trump stated that tariffs on Chinese goods could increase substantially if a long-term trade agreement isn't reached within 90 days. He made the comments on Monday, suggesting a potential escalation in trade tensions. The former president's remarks highlight ongoing concerns about the trade relationship between the United States and China. These discussions come amid a period of economic uncertainty and negotiations.
Former President Donald Trump indicated on Monday that tariffs imposed on China could see a significant increase if a comprehensive trade deal isn't finalized within the next 90 days. He suggested the tariffs could climb "substantially higher" than the current levels. This statement underscores the ongoing complexities in the trade relationship between the United States and China. The potential for increased tariffs introduces further uncertainty into the global economy, with businesses and consumers potentially facing higher costs. Negotiations between the two countries remain a key focus as they seek to resolve trade disputes and establish a more stable economic partnership.
Source: Read the original article at ABC