WASHINGTON (AP) — President Donald Trump on Friday escalated his threats to punish China for its trade policies, warning anew that he’s prepared to impose tariffs on all Chinese imports and arguing that Beijing has manipulated its currency at the expense of the United States.
In a taped interview with the business channel CNBC, Trump warning, “I’m willing to go to 500,” meaning he’s prepared ultimately to impose tariffs on $500 billion in Chinese imports — roughly the value of all the goods Beijing shipped to the United States last year.