Trump threatens an earthquake in the

jinathjemi88888

US President Donald Trump has threatened a dramatic escalation of tension in the US-China trade war. Trump said he will raise tariffs on some $200 billion worth of Chinese goods on Friday from 10% to 25% and could soon raise tariffs to 25% on another set of Chinese goods worth $200 billion. 325 billion dollars. This move comes while the United States and China are in negotiations to try to end this trade war. President Donald Trump has threatened to escalate tensions in the trade war between the United States and China unless a deal is reached by Friday.

Trump has assured that current tariffs on Chinese products worth $200 billion will increase from 10% to 25% and that the country will impose a 25% tariff on other Chinese products worth $325 SW Business Directory billion that are currently not They have this type of taxes. The president assures that this is due to the slowness in trade negotiations between both countries. "For 10 months, China has been paying 25% tariffs on technology products, and 10% on $200 billion of other goods. Starting Friday, the 10% tariffs will rise to 25%," Trump tweeted.



"These payments are partially responsible for our great economic results. The 10% will rise to 25% this Friday. $325 billion of additional goods imported from China remain tariff-free, but will soon be taxed at 25%. The tariffs that they currently pay to the United States has little impact on the cost of the product mostly borne by China. Negotiations with China continue, but too slowly, as they try to renegotiate. No!" Read more:  29 Spanish women under 35 years old called to revolutionize technology, finance and politics Trade negotiations between China and the US They have been going on since President Xi Jinping reached a temporary trade truce in late November, but there are major sticking points over how to carry out the agreement and what to do about the current tariffs that have caused problems in the negotiations.