Trump Threatens Additional Tariffs on Chinese Goods
Sky News
President Donald Trump threatened to escalate the trade war with China by slapping fresh tariffs on all the country’s goods - and confirmed that the moves could make iPhones and laptops more expensive.
The US is "highly unlikely" to step back from a planned tariff hike - to 25 percent from the current 10 percent - on $200 billion worth of Chinese goods that’s set to take effect Jan 1., Trump told the Wall Street Journal on Monday, New York Post reports.
The president singled out consumer electronics like iPhones and laptops that could see additional taxes - but said he didn’t think consumers would be affected by it.
"I mean, I can make it 10 percent, and people could stand that very easily," Trump told the paper.
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