Trade
Trump Floats Chinese Goods Tariff Exceeding 60% If Elected
- Trump-era tariff impositions led to retaliation from China
- Markets increasingly pricing in possible Trump election win
Former US President Donald Trump
Photographer: Al Drago/BloombergThis article is for subscribers only.
Former President Donald Trump said he might impose a tariff on Chinese goods of more than 60% if elected, signaling an increasingly hawkish tone against the top supplier of goods to the US.
Asked about a Washington Post report that he was considering a flat 60% tariff on Chinese goods imports, Trump said “no, I would say maybe it’s going to be more than that” in an interview on Fox News’ Sunday Morning Futures.