Politics

Trump Threatens ‘Major Tariffs’ Against China if Trade Pact Falters

Tweet demands a ‘REAL DEAL’

President Donald Trump is threatening to charge major tariffs against Chinese products if a final trade pact isn’t reached. (Win McNamee/Getty Images file photo)

President Donald Trump again Tuesday threatened “major Tariffs”  on Chinese products shipped to the United States if his administration fails to strike a final trade pact with Beijing. 

Stocks took a dive Tuesday as trade talks between the world’s largest economies appeared to again hit a stalemate.

The White House on Saturday night had signaled a big win after trade talks over dinner between Trump and Chinese President Xi Jinping that included a U.S. freeze on tariffs on Chinese goods going to 25 percent on Jan. 1 and China buying more American agricultural goods.

Trump dubbed himself a “Tariff Man” if Xi’s government cannot strike a deal with his administration.

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