The White House is “very strongly” considering imposing tariffs on hundreds of billions of dollars more in Chinese goods, President Donald Trump said Tuesday, indicating that trade tensions between Washington and Beijing could ramp up further in coming months.
For months, Trump has threatened to move forward with a fourth round of duties as high as 25 percent on roughly $325 billion in Chinese imports. But since Beijing announced plans to retaliate against the U.S. on Monday morning with higher duties on $60 billion in U.S. exports, the Trump administration has said that those additional duties are a very real possibility.
“We’re looking at that very strongly, about the $325 billion,” Trump told reporters outside the White House late Tuesday morning. “We’re looking at it very strongly.”
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