Trump may impose duties on imports from China worth $ 500 billion –



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Trump said that the United States is "massively deficit" in its trade with the PRC and is prepared to impose additional duties on Chinese products of $ 500 billion a year, and thus almost all Chinese exports to the United States.

Asked about the likely decline in stock markets if the US imposed such large-scale tasks, the president replied, "If that happens, it will happen." He added that "he does not do it for politics, (…) but he does what is good for the country". Meanwhile, White House economic adviser Larry Kudlow blamed Chinese President Xi Jinping on the lack of progress in US-China trade talks and warned that President Trump would not forgive this affair. Axios Portal "The problem lies in Xi, he does not want to give in (on commercial issues). (The Chinese have not offered the United States absolutely … options regarding theft (intellectual property) and the transfer of technology, "Kudlow said in an interview with Axios, spokesman for the Chinese Ministry of Commerce, Gao Feng, said on Thursday that the PRC leader's accusations that he was blocking negotiations between the two countries The search for a trade settlement was shocking and false

for Chinese imports of 34 billion USD a year and the Chinese retaliatory rights of the same magnitude.China's Department of Commerce has described it as triggering of the biggest trade war in the history of the economy.Trump threatens other tariffs, if Beijing does not abandon the dishonest business practices.Pinch maintains that it would like to avoid l & # 39; escalating the conflict, but if he does, he will defend his interests firmly.

In an interview with CNBC, Trump stipulated that at the Helsinki summit, they disagreed on all subjects

. I had a meeting that lasted more than two hours and it was not always a reconciling person, "Trump said in an interview with CNBC, recorded on Thursday." We discussed a lot of good things for our two countries, "he added.

The White House informed on Thursday that Trump was going to invite Putin to the White House.This visit would take place in the autumn

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