BUSINESS

US President Donald Trump Threatens To Slap More Tariffs on Chinese Imports

Donald Trump

 

Washington: US President Donald Trump has said that he is prepared to impose tariffs on virtually all Chinese imports to the US as the trade war between the world’s two largest economies intensified.

“We have the right to do another $325 billion at 25 per cent in additional tariffs. That is a tremendous amount of money that would come into our country. I have not made that decision yet,” Efe news quoted Trump as saying to reporters while welcoming Hungarian Prime Minister Viktor Orban to the White House on Monday.

Trump’s comments came hours after China increased from 10 per cent to 25 per cent the tariffs it levied last year. (IANS)

 

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