Trump says he'll raise China tariffs if Xi won't meet at G-20

US President Donald Trump again threatened to raise tariffs on China if President Xi Jinping does not meet with at the G-20 summit in Osaka, Japan, later this month.

USA's præsident Donald Trump. | Photo: Ritzau Scanpix/REUTERS/Leah Millis

President Donald Trump threatened to raise tariffs on China again if President Xi Jinping does not meet with him at the upcoming Group of 20 summit in Japan.

Trump told reporters at the White House on Monday that he could impose tariffs of 25 percent, or "much higher than 25 percent" on USD 300 billion in Chinese goods. "We've never gotten 10 cents from China and now we're getting a lot of money from China," the president said.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Banks predict more upgrades from container carriers

Maersk won't be the only carrier to announce an upgrade due to a red-hot container market fueled by sky-high rates and massive demand. Others will raise their expectations as well, according to SEB Enskilda and Sydbank.

Further reading

Related articles

Trial banner

Latest news

See all jobs