WASHINGTON, Feb 4 (Reuters) - Republican presidential candidate Donald Trump said he would impose tariffs on China again if he is elected in November and they could exceed 60 percent.
"We have to do it," Trump said in an interview aired on Sunday with the Fox News program "Sunday Morning Futures."
"I mean, look, the stock market almost crashed when it was announced that I won the Iowa primary (sic) in a record.
And then when I won New Hampshire, the stock market went down like crazy," he said, referring to the Iowa caucus and New Hampshire primary nominating contests in January.
Asked about a report that he is considering imposing 60 percent tariffs on Chinese goods if elected, Trump said, "No, I would say maybe it's going to be more than that."
Trump is the frontrunner for his party's nomination to challenge Democratic President Joe Biden in the Nov. 5 U.S. election.
Trump imposed tariffs on hundreds of billions of dollars worth of Chinese goods in 2018 and 2019 amid a bitter trade war between the world's two largest economies.
Trump says U.S. needs to impose tariffs on China
- by: Doina Chiacu
- 2024-02-04
- Source:
Reuters
- 02/04/2024
President Donald Trump at the World Economic Forum by SHEALAH CRAIGHEAD is licensed under Flickr Creative Commons
President Donald Trump at the World Economic Forum by SHEALAH CRAIGHEAD is licensed under Flickr Creative Commons
