Trump Threatens Over 60% Tariffs on Chinese Imports if Reelected
Former President Donald Trump has indicated he might impose tariffs exceeding 60% on Chinese goods, escalating tensions with China.
- Trump praised Chinese President Xi Jinping but threatened to hike tariffs on Chinese imports by more than 60% if elected president.
- The former president's comments have raised concerns among Chinese investors and sparked fears of a renewed trade war between the U.S. and China.
- Trump's campaign platform includes revoking China's 'most favored nation' trade status and introducing reciprocal trade measures.
- Despite his praise for Xi, Trump criticized China for COVID-19 cover-up, intellectual property theft, and potential election interference.
- Trump remained ambiguous on defending Taiwan if China attacked, citing the need for negotiating power over China.