Trump Says China Trade Deal ‘Close,’ Warns of ‘Substantial’ Tariff Hikes If It Collapses

Trump Says China Trade Deal ‘Close,’ Warns of ‘Substantial’ Tariff Hikes If It Collapses
President Donald Trump speaks at the Economic Club of New York on November 12, 2019 in New York City. Spencer Platt/Getty Images
Cathy He
Updated:

President Donald Trump said the United States is “close” to reaching a phase one trade deal with China, while warning that he would “substantially raise” tariffs if the deal collapses.

“They are dying to make a deal. We’re the ones that are deciding whether or not we want to make a deal,” Trump said during a speech at The Economic Club of New York on Nov. 12.

Cathy He
Cathy He
EDITOR
Cathy He is the politics editor at the Washington D.C. bureau. She was previously an editor for U.S.-China and a reporter covering U.S.-China relations.
twitter
Related Topics