US President Donald Trump said on Thursday he is “probably planning” to slap tariffs on the remaining US$300 billion of untaxed Chinese imports some time after he meets with Chinese leader Xi Jinping at the G20 in late June.
The decision to put punitive duties on Chinese goods not currently subject to 25 per cent taxes would be made “over the next two weeks, probably right after the G20”, Trump told reporters at a D-Day ceremony in Europe. “One way or another, I’ll make that decision after the G20,” said Trump, who personally estimates the value of goods to be taxed at US$325 billion, contrary to his trade chief's figure of around US$300 billion.
