US President Donald Trump has threatened that 25 percent Tariffs on Chinese imports goods could be increased if talks remain suspended.
Tariffs on Chinese imports:
“The 10 per cent declared tariffs on Chinese imports worth $ 300 billion could be applied for a short period of time and could rise or fall thereafter,” Trump told reporters on Thursday.
Trump announced the introduction of new customs tariffs on Chinese imports worth 300 billion dollars, starting in September.
“Tariffs on China may exceed 25% if talks remain outstanding”
“Recently, China has agreed to buy US agricultural products in large quantities, but it has not done so.”
In addition, President Xi Jinping has pledged that he will stop the sale of Fentanyl to the United States and this has never happened.
Trump idea about the 25% Tariffs on Chinese imports.
He can always do a lot more or I can do a little, he said. “As for the 25 percent increase in tariffs, I do not necessarily want to do that.”
He believes that the Chinese president is not moving fast enough to resolve the trade war with the United States.
stressing that he was not at all worried about the decline in the stock market after announcing the new tariffs “I was expecting that a bit.”