President Trump on Thursday threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods, escalating tensions between the world’s two largest economies.
There have been no face-to-face meetings between U.S. and Chinese officials since May 10, the day Trump initially increased tariffs on a $200 billion list of Chinese goods, Reuters reported. Beijing retaliated by raising tariffs on $60 billion of U.S. goods.
“Our talks with China — a lot of interesting things are happening. We’ll see what happens,” Trump told reporters in Ireland before departing for a ceremony marking the 75th anniversary of D-Day in Normandy, France.
“In the meantime, we’re getting 25 percent on $250 billion, and I can go up another at least $300 billion,” he added. “And I’ll do that at the right time.”
Read more at The Hill.