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Donald Trump threatens to impose tariffs on all Chinese imports

Donald Trump, said he is "ready" to apply tariffs to another 500 billion dollars in Chinese products and added that they have taken advantage of the country for too long. "I'm not doing this for politics, I'm doing this to do the right thing for our nation," Trump said in an interview with CNBC on Friday. "They are taking advantage of us and I do not like it." The $ 500 billion figure would roughly equal the value of Chinese products imported into the United States last year. Trump's comments come at a time when the conflict between the two largest economies in the world due to accusations of unfair trade is deepening. On Thursday, China blamed US authorities for making false accusations and reacted to claims that President Xi Jinping is blocking negotiations with the United States. White House economic adviser Larry Kudlow said Xi has no intention of reaching an agreement on trade with the Trump administration. Earlier this month, the US government began to levy taxes on Chinese goods for 34 billion dollars. China's response was to charge tariffs on US products for the same amount. Asked if this measure by the United States would affect the markets, Trump said that "if he does, he should do it, I am not doing this because of politics." In addition, the US president asserted, through his Twitter account, that both the European Union and China are manipulating their currencies and lowering their interest rates, leading to an unfair trading scenario. "China, the European Union and others have been manipulating their currencies and lowering their interest rates, while the United States is increasing them as the dollar strengthens more and more each day, eliminating our competitive advantage. a level playing field, "he posted on the social network.

  • Duration: 01:52

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