Tramp threatens China with an additional $ 300 billion in goods
US President Donald Trump has threatened to impose another fee of at least $ 300 billion worth of Chinese goods, but said he believed China and Mexico wanted an agreement in their trade dispute with the United States.
"In our talks with China, a lot of interesting things have happened," Trump told reporters on Thursday.We will see what happens ... I may add at least another $ 300 billion, and I will do so in a timely manner, "he said, without elaborating the goods that might be affected.
"But I think China wants an agreement, and I think Mexico wants to reach a deal," Trump said before the Air Force One plane at Shannon Airport flew to France to mark the day of landing.
The International Monetary Fund (IMF) on Wednesday warned that the global economy was still "in a delicate turn" due to the escalating trade tension between the United States and its partners, calling on the G-20 countries to maintain low interest rates to support their economies.
"The absolute priority is to settle trade tensions while speeding up the process of modernizing the international trading system," IMF Managing Director Christine Lagarde wrote in a blog published ahead of the G-20 financial meeting next week in Japan.
Washington and Beijing recently resumed their mutual tariff battle after US trade talks ended without agreement, accusing the US side, China's negotiators, of reneging on previous commitments.
On May 10, the United States raised to 25 percent tariffs on 200 billion dollars of imported Chinese goods. On June 1, Beijing responded by increasing tariffs on US goods worth 60 billion dollars.
On Monday, the White House may impose customs duties on all imports from Mexico unless an agreement is reached to stem the flow of illegal immigrants arriving in the United States across the Mexican border.