Trump threatens higher tariffs if no trade deal with China
Trump: ‘China’s going to have to make a deal that I like’
President Trump talks about making a deal with China, saying he’s ‘very happy with China right now.’
The U.S. will raise tariffs on Chinese goods "even higher" if the two sides cannot finalize a trade deal, President Trump said Tuesday at the White House.
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The two sides struck a "phase one" agreement in October and had hoped to have the deal in writing last week, but are still negotiating.
"China's going to have to make a deal that I like. If they don't, that's it. I'm very happy with China right now," Trump said during a press spray at a cabinet meeting. "They're paying us billions and billions. If we don't make a deal with China, I'll just raise the tariffs even higher."