Trump: Without trade deal, US will hike China tariffs further

President Donald Trump listens during a cabinet meeting at the White House, Tuesday, Nov. 19, 2019, in Washington. (AP)
Updated 19 November 2019

Trump: Without trade deal, US will hike China tariffs further

  • Trump's latest tough comment came as markets are watching intensely for signs of progress

WASHINGTON: US President Donald Trump said on Tuesday that he would raise tariffs on imports of Chinese goods if no trade deal is reached with Beijing to end a tit-for-tat trade war that has roiled markets and damaged growth worldwide.

Speaking at a cabinet meeting at the White House, Trump added that China is going to have to make a trade deal.

"If we don't make a deal with China, I'll just raise the tariffs even higher," he told reporters at the White House.

Trump's latest tough comment came as markets are watching intensely for signs of progress in the two economic superpowers' attempt to reach a so-called "phase one" partial deal taking the heat out of a growing trade war.


Climate activists lashed to EU building as leaders gather

Updated 5 min 41 sec ago

Climate activists lashed to EU building as leaders gather

  • An Associated Press TV reporter said around 20 activists on the ground were detained
  • The EU leaders are set to debate ways for the 28-nation bloc to become carbon neutral by 2050

BRUSSELS: Greenpeace activists on Thursday scaled the European Union’s new headquarters, unfurling a huge banner warning of a “climate emergency” hours before the bloc’s leaders gather for a summit focused on plans to combat global warming.

Around 30 environmental activists clad in red and wearing climbing gear stood on ledges of the Europa building in Brussels as police gathered below and a helicopter circled overhead.

An Associated Press TV reporter said around 20 activists on the ground were detained. The group managed to climb the building by using the ladder of an old fire truck and has enough food to last for two days, according to Greenpeace spokesman Mark Breddy.

The EU leaders are set to debate ways for the 28-nation bloc to become carbon neutral by 2050. But poorer coal-dependent nations fear they could be hardest hit by the effort to transform their energy sources.

European Commission President Ursula von der Leyen unveiled Wednesday a new “European Green Deal” with an offer of some 100 billion euros ($130 billion) to help fossil-fuel reliant EU nations that make the transition to lower emissions.

The EU leaders will also discuss their long-term budget plans, the euro single currency and Brexit in the light of British election results.