Tuesday Briefing: Trump’s Tariff Threat to China

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The business district in Beijing. Chinese companies could see the cost of their U.S. imports double.Credit…Jade Gao/Agence France-Presse — Getty Images

President Trump yesterday told China to rescind its retaliatory tariffs on the U.S. or face additional tariffs of 50 percent starting tomorrow. The threat came as countries around the world were trying to appeal to the president to have steep tariffs rolled back.

The added tariffs would bring the total taxes that Trump has imposed on Chinese imports since he came into office to 104 percent.

Asia: Bangladesh and Vietnam asked Trump to delay imposing the tariffs, while the Philippines offered to reduce tariffs on U.S. goods. South Korea and Japan said they wanted to hold talks with the Trump administration.

Europe: E.U. officials are taking a two-part approach, offering to slash tariffs on American-made cars — which Trump later told reporters wasn’t good enough — and industrial products even as they prepare to retaliate with wide-ranging import taxes. Representatives from the bloc are expected to vote tomorrow on a list of products they plan to target with tariffs.

President Trump yesterday in the Oval Office.Credit…Eric Lee/The New York Times

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