US President Donald Trump warned on Monday that US tariffs on China may still rise “very substantially,” as he said Washington was not yet ready for a trade deal with Beijing. During a state visit to Japan, the US leader claimed that Beijing was more eager for a trade agreement to end its tariff war with Washington, which escalated in recent weeks when the Trump administration claimed Beijing had reneged on key commitments in a draft trade agreement.
“We’re not ready to make a deal. We’re taking in tens of billions of dollars in tariffs, and that number could go up very, very substantially, very easily,” Trump told a news conference, flanked by Japanese Prime Minister Shinzo Abe.
“We’re not ready to make a deal. We’re taking in tens of billions of dollars in tariffs, and that number could go up very, very substantially, very easily,” Trump told a news conference, flanked by Japanese Prime Minister Shinzo Abe.