Trump Shows He’s Ready to Go All-In Against China on Tariffs

  • President threatens to slap tariffs on additional $267 billion
  • Kudlow says U.S. wants to build coalition to take on China
Bloomberg’s Shawn Donnan reports on Trump’s tariff talk.(Source: Bloomberg)
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President Donald Trump is raising the stakes in his gamble that the world will line up behind the U.S. to take on China over trade.

Trump said Friday he’s willing to slap tariffs on an additional $267 billion in Chinese goods, on top of duties of $200 billion in imports is already considering. The administration will act on the $200 billion “very soon depending on what happens,” Trump told reporters on Air Force One. “I hate to do this, but behind that there is another $267 billion ready to go on short notice if I want.”