Trump says he's 'ready' to put tariffs on all $505 billion of Chinese goods imported to the US

Posted In: News Date:Jul 20th, 2018

President Donald Trump has indicated that he is willing to slap tariffs on every Chinese good imported to the U.S. should the need arise.

"I'm ready to go to 500," the president told CNBC's Joe Kernen in a "Squawk Box" interview aired Friday.

The reference is to the dollar amount of Chinese imports the U.S. accepted in 2017 — $505.5 billion to be exact, compared with the $129.9 billion the U.S. exported to China, according to Census Bureau data.

Thus far in the burgeoning trade war, the U.S. has slapped tariffs on just $34 billion of Chinese products, which China met with retaliatory duties.


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