On all Chinese imports: Trump threatens with punitive tariffs in the order of $ 500 billion

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US President Donald Trump has threatened to punish China for importing all goods imported into the United States in the trade dispute with China. "I'm ready to go to 500," Trump said in an interview Friday with the US broadcaster CNBC. He mentioned the 505.5 billion dollars (434 billion euros) that Chinese imports to the United States totaled last year.

"We have been scammed by China for a long time," said Trump. "I do not want to scare them, I want them to be good." He likes President Xi, but the agreement has been very unfair. "I do not do that for politics," said Trump. "I'm doing this to do what we need for our country."

According to Trump, the Chinese authorities told him that none of the previous US governments had complained about the trade deficit before his arrival. They would have said, "Now you do more than complain. We do not like what you do. "

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Trump justifies his domestic tariff policy controversial by the huge trade deficit of the United States, which he considers an unfair trade relationship.Trump has threatened new tariffs in the past if China does not change its behavior in the field of intellectual property and subsidies to the high-tech industry.Beijing announced that it would take countermeasures.

States United States have already imposed $ 34 billion in Chinese imports and China has imposed punitive tariffs on US imports.

China criticizes the United States for the introduction of new punitive tariffs to destroy mutual trade. Worldwide, the conflict is fueling mbadive concerns about a collapse in the economy.

Stock markets reacted with losses to the states. Asked about the possibility that stock markets give in to such mbadive measures, Trump said: "If they do, they will do it." Trump's new threat on Wall Street has dropped US futures. The Frankfurt Dax, which was previously in the lead, also lost 1% to 12,563.

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Trump is also in conflict with the Europeans. The tariffs already applied to steel and aluminum also apply to EU products. In addition, Trump has threatened to impose a 20% import duty on European cars if the EU does not reduce its trade barriers. In May, the US government opened an investigation to determine whether car imports posed a threat to national security. In this case, they could impose punitive measures.

Chancellor Angela Merkel announced countermeasures of the European Union for such a case. European Commission President Jean-Claude Juncker will make proposals during his trip to Washington next week to launch a discussion process that could prevent US tariffs on car imports

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