US President Donald Trump on Friday warned of imposing substantial tariffs on imports from China if the trade negotiations does not go well.”China has to do a lot of things to turn it around. But you’ll be seeing. They’ve got to do a lot of things. It (tariff increase) goes on September 1,” Donald Trump said a day after he announced to impose 10 per cent tariff on Chinese products worth nearly USD 300 billion.This is in addition to the 25 per cent import tariff on Chinese products worth USD 250 billion.The next round of the US-China trade talks is scheduled for September.
“Frankly, if they don’t do, I can always increase it very substantially. In other words, I could increase it – if I wanted to, I could increase it to a very much higher number,” he said.Observing that the US was “so far behind” China before he became the President, Donald Trump said America had been treated badly.”And I don’t blame China. I blame our past leaders, our past presidents, our past trade representatives. They’ve done a terrible job,” he said.
Donald Trump said the US was taking in billions of dollars from China.”We never took in 10 cents from China. Out of that many billions of dollars, we’re taking a part of it and we’re giving it to the farmers because they’ve been targeted by China. They come out totally whole. So, you interviewed the wrong farmer, but that’s all right,” said the US President.
