Trump floated possibility of 60% tariffs on Chinese goods – report

<p>The Washington Post's Jeff Stein <a href="https://www.washingtonpost.com/business/2024/01/27/trump-china-trade-war/" target="_blank" rel="nofollow">reports </a>– citing three people familiar — that Trump has floated 10-60% tariffs on all Chinese goods if he's elected President.</p><p>I don't take these reports as anything serious as Trump already had the opportunity to put tariffs on China and they were small and not really disruptive (despite a lot of hand-wringing) but if he decides to campaign on tariffs then it's not going to be improve sentiment about China or the US.</p><p>My guess here is that talking tough on China is popular but that boosting the price of everything sold at Wal-Mart by 60% wouldn't exactly be a winner.</p><p>The report also says that Trump has floated imposing 10% tariffs on all countries.</p>

This article was written by Adam Button at www.forexlive.com.