Responsive
Friday, 17 October 2025
News Update : 'Not sustainable': Trump admits folly of tariffs; what 'forced' trade war with China - TOI BUSINESS DESK
President Trump declared his proposed 100% tariff on Chinese goods unsustainable, blaming Beijing's unfair practices for forcing his hand. He accused China of years of exploitation and stated that only strength is respected. Despite this, a potential tariff pause was hinted at, with 85 senators reportedly backing up to 500% tariffs on Chinese purchases of Russian oil.
President Trump declared his proposed 100% tariff on Chinese goods unsustainable, blaming Beijing's unfair practices for forcing his hand. He accused China of years of exploitation and stated that only strength is respected. Despite this, a potential tariff pause was hinted at, with 85 senators reportedly backing up to 500% tariffs on Chinese purchases of Russian oil.
Source: https://timesofindia.indiatimes.com/business/international-business/they-forced-me-to-do-it-trump-says-145-tariffs-on-china-not-sustainable-claims-beijing-ripped-off-america-for-years/articleshow/124631012.cms
Date: 2025-10-17T12:55:51.000Z
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment