Trump says he’s ready to hit China with $267bn in additional tariffs

A man walks past a screen at the Indonesia Stock Exchange building in Jakarta Indonesia

China's trade surplus with the United States widened by 10 per cent in August to US$31 billion, data showed on Saturday as the trade war between the two nations escalated with Donald Trump threatening duties on more Chinese imports.

China's large trade surplus with the United States has always been a sore point in relations and is at the center of an increasing bitter dispute between the world's two biggest economies.

He added that the $200 billion will "take place very soon, depending on what happens".

The two sides launched another salvo on August 23, imposing duties on Dollars 16 billion worth of products from each country.

President Trump warned on Friday that in addition to the $200 billion in tariffs now being prepared, he's also prepared to slap an additional $267 billion worth of tariffs on China if he deems it necessary.

Djokovic eases past Nishikori to eye off another slam title
Open tennis tournament at USTA Billie Jean King National Tennis Center. "I was a kid then; now I am much older". At the time of writing, Nadal is the [1.70] favourite and I make this some value.


The Trump administration has already slapped duties on US$50 billion of Chinese exports since July, which spurred immediate in-kind retaliation from Beijing.

Chinese exports to the United States rose to US$44.4 billion in August, a 13.2 per cent increase from the same period past year, according to customs data.

But so far China had not met the Trump administration's requests.

The Trump administration is reportedly considering using an Obama-era executive order to slap new sanctions on Chinese entities using cyberattacks to steal USA intellectual property.

While China's trade surplus with the United States grew again, it remained stable with the rest of the world at US$27.9 billion in August. "That changes the equation".

Mira Rajput and Shahid Kapoor name their second child Zain Kapoor
Later after recovering his accounts, Shahid Kapoor posted a message for his fans: "Hey guys, thank you for the wonderful wishes". She can't wait to bring Mira and the new baby home, "Everything was normal so Inshaallah the baby and mother will be home soon".


The surplus with the United States was larger than China's net surplus for the month, indicating China would be running a deficit if trade with the world's largest economy was excluded.

"We'll continue to talk to China", he said at the White House on Wednesday.

Those steps include slapping tariffs on $60 billion of U.S. imports, Gao said.

The last effort at a negotiated solution came in late August with meetings between low-level officials, but nothing came of it.

"If the U.S. dogmatically implements any new tariff measures against China, China will have to take the necessary countermeasures", commerce spokesman Gao Feng told reporters.

Florida Mom Charisse Stinson Accused of Killing Toddler Son Jordan Belliveau
She told police a weird story about getting into a vehicle with man she didn't know before being knocked unconscious by him. Authorities announced that Jordan's body had been located shortly after they said they had made a "big break" in the case.


In a letter to USA officials as part of the public consultation on the measures, the company said some of Apple's Beats headphones and its new HomePod smart speaker would also face levies.

Related news:

Hot News

isis-killer-beheading-video-story-top Trump aide Papadopoulos gets 14 days in prison
Sep 08, 2018 - 19:58
Papadopoulos "was the first to plead guilty in the [Special Counsel Robert Mueller probe into Russian interference]". He was the first to plead guilty in Mueller's probe and is now the first Trump campaign adviser to be sentenced .

isis-killer-beheading-video-story-top Will Fuller (hamstring) returns, ready for Texans' opener
Sep 08, 2018 - 19:14
The New England Patriots start their journey for another Super Bowl banner on Sunday when they play the Houston Texans . Now I don't expect Brady to all of a sudden forget how to play quarterback, but he will now be under a microscope.

isis-killer-beheading-video-story-top US east coast brace for Florence
Sep 08, 2018 - 16:20
It's too early to tell if the storm will make landfall somewhere on the East Coast, or if it will turn harmlessly back to sea. East Coast should monitor the progress of Florence through the weekend and ensure they have their hurricane plans in place".

isis-killer-beheading-video-story-top British Airways investigating data breach from 380000 card payments
Sep 08, 2018 - 14:23
NatWest, one of Britain's biggest card issuers, said it was receiving higher-than-usual call volumes because of the breach. Law enforcement has been informed about the data breach. "We're extremely sorry for what has happened", Cruz said Friday.

isis-killer-beheading-video-story-top Cryptocurrencies continue to tumble on Goldman reports
Sep 08, 2018 - 14:05
While still industry-forward, the firm did not explicitly say they were working on launching a Bitcoin trading desk. Ripple lost 7.7%, Litecoin went down by 7.1%, and Ethereum sunk by 9%.

isis-killer-beheading-video-story-top Alibaba co-founder Jack Ma, China's richest man, to retire
Sep 08, 2018 - 13:16
It transformed how Chinese people shop and pay for things, especially through the now ubiquitous Alipay digital payment service. As he prepares to leave the company, Ma is among China's super rich. "I think some day, and soon, I'll go back to teaching".

isis-killer-beheading-video-story-top Tom Brady Skillfully Evades Questions About Colin Kaepernick Nike Ad
Sep 08, 2018 - 06:16
Nike uniforms are vestimenta non grata at the College of the Ozarks after the company's Colin Kaepernick ad campaign . Davis said he believes Americans are growing exhausted of divisiveness and that Nike is "stirring controversy".

isis-killer-beheading-video-story-top Rapper Mac Miller dies of apparent overdose
Sep 08, 2018 - 05:31
Ariana Grande disabled the comments on her Instagram account after ex-boyfriend Mac Miller was found dead on Friday . The artist is also known for dating singer Ariana Grande before her engagement with SNL cast member Pete Davidson .

isis-killer-beheading-video-story-top George Papadopoulos Sentenced to Two Weeks in Prison for Lying to Federal Bureau of Investigation
Sep 08, 2018 - 03:54
He also received a year of supervision, 200 hours of community service, and a $9,500 fine. The conversations actually occurred after he was brought on as a foreign policy adviser.

Rapper Post Malone’s Rolls-Royce T-Boned In West Hollywood
Sep 08, 2018 - 00:13
Finally, the small jet landed safely at New York's Stewart Airport where fire trucks and ambulances had been waiting on the scene. A month ago, Post Malone was on a Gulfstream IV when the plane's tires blew during takeoff from Teterboro Airport in New Jersey.

isis-killer-beheading-video-story-top Elon Musk smokes marijuana live on web show
Sep 07, 2018 - 23:43
Yet the incident could revive questions about whether Musk is the right person to lead Tesla. Business magnate Elon Musk is a provocateur , and he met his match in comedian Joe Rogan .

isis-killer-beheading-video-story-top 'Not me' cry top Trump aides over article
Sep 07, 2018 - 23:02
The op-ed described Trump's leadership style as " impetuous , adversarial , petty and ineffective ". No one - Trump or otherwise - has identified a specific crime that should be investigated.

isis-killer-beheading-video-story-top Elon Musk puffs on marijuana joint during live interview
Sep 07, 2018 - 23:01
On Thursday night, the Joe Rogan Experience podcast with Tesla and SpaceX CEO Elon Musk was broadcasted live. Musk, the billionaire owner of two companies, explained it's like a "never-ending explosion" inside his head.

isis-killer-beheading-video-story-top Trump's Supreme Court pick Brett Kavanaugh vows independence, sidesteps questions
Sep 06, 2018 - 20:47
Miranda provided you with materials that were stolen from me and that would contradict your prior testimony", Leahy said. If confirmed, the conservative appeals court judge would be expected to tilt the court's balance to the right.

isis-killer-beheading-video-story-top Searing Trump op-ed sets off wild guessing game on author
Sep 06, 2018 - 20:11
Dowd, in a statement on Tuesday, said "no so-called "practice session" or "re-enactment" took place and denied saying Mr. Trump sounded incredulous that he never got to sit for an interview and defend himself to the author.