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1-min read

Will Just Raise Tariffs Even Higher if Trade Deal with China Fails, Says Donald Trump

Trump's tough comment came as markets are watching intensely for signs of progress in the US and China's attempt to reach a so-called 'phase one' partial deal taking the heat out of a growing trade war.

AFP

Updated:November 19, 2019, 11:07 PM IST
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Will Just Raise Tariffs Even Higher if Trade Deal with China Fails, Says Donald Trump
US President Donald Trump (File Photo)| Image credit: Reuters

Washington: President Donald Trump on Tuesday warned that failure to get a trade deal with China will prompt more tariffs.

"If we don’t make a deal with China, I’ll just raise the tariffs even higher," he told reporters at the White House.

Trump's latest tough comment came as markets are watching intensely for signs of progress in the two economic superpowers' attempt to reach a so-called "phase one" partial deal taking the heat out of a growing trade war.

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