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Trump Warns China of 'a Potential' 155% Tariff From Nov 1 over Trade Deal
Tariffs up to 155% will start Nov 1 if no deal is reached, adding to existing 55% duties amid ongoing talks between the US and China, officials said.
- At the White House, Trump said he threatened to impose up to 155% tariffs on Chinese goods starting November 1 if no trade deal is reached.
- Responding to China's `extremely hostile letter to the world` and extraordinarily aggressive trade stance, the administration said Beijing already faces 55% tariffs and Trump announced 100% tariffs effective November 1.
- Trump said he expects a fair trade deal with Xi Jinping in South Korea and urged China to buy US soybeans, framing tariffs as ending an era of exploitation.
- China responded by changing its World Trade Organization representation, replacing Li Chenggang with Li Yongjie, while Chinese buyers shifted purchases to South America, halting US soybean imports in September.
- Export controls on critical software will begin November 1, and US and Chinese officials will hold trade talks in Malaysia this week ahead of a China visit early next year by Donald Trump, US President.
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14 Articles
14 Articles
Trump Warns China Of 'A Potential' 155% Tariff From Nov 1 Over Trade Deal
Speaking at the White House during a high-level meeting, Trump, despite the trade tensions between the two nations, stated that China has been "very respectful" of Washington and that they are paying "tremendous amounts of money" on the backs of the 55% tariffs levied on their goods to the US.
·Mumbai, India
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Coverage Details
Total News Sources14
Leaning Left2Leaning Right4Center1Last UpdatedBias Distribution57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
L 29%
14%
R 57%
Factuality
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