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

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: 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.