Trump ready to introduce a $ 505 billion penalty on all Chinese products



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President Donald Trump said in an interview with CNBC that he was ready to introduce a charge of punishment on all Chinese goods imported to the United States, if necessary.

– I'm ready to go to 500, says Trump at CNBC.

Trump refers to the total monetary value of all Chinese goods imported in 2017 to the United States, ie $ 505.5 billion, or NOK 4.150 billion. In the same year, China imported goods from the United States for a total value of $ 129.9 billion, corresponding to $ 1.060 billion, according to data from the Census Bureau.

An escalating conflict

This is likely to aggravate the trade conflict that reached new heights when the United States imposed a $ 280 billion fine on Chinese products.

In terms of dollar volume, it becomes impossible for the Chinese to introduce a penalty shootout with the same force.

Not badly meant

– I do not do that for politics. I do this because I think it's the best for our country. We have been cheated by China for a long time, "Trump said.

Trump has already said that the United States has been abused by China on several fronts, including trade and monetary policy. criminal is not bad-intentioned.

– I do not want them to be afraid.I want them all the best.I really like President Xi, but it was very unfair, "said Trump.

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