Trump Acknowledges 100% China Tariffs Unsustainable Amid Trade Standoff
President Donald Trump has acknowledged that his proposed 100% tariffs on Chinese imports would not be sustainable long-term. The comments come amid escalating trade tensions following China’s expansion of rare earth export controls.
Trump Calls 100% China Tariffs Unsustainable in Fox Business Interview
President Donald Trump has stated that his proposed 100% tariff on Chinese goods would not be sustainable for the U.S. economy, according to reports from a recent Fox Business Network interview. The president placed responsibility for the escalating trade measures squarely on China, citing their recent expansion of rare earth element export controls as the catalyst for the new tariffs.