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Trump 'ready' to impose tariffs on all Chinese goods

Trump 'ready' to impose tariffs on all Chinese goods

Business
Donald Trump said he is "ready to go" with tariffs on an additional $ 500bn of imports from China.  "We are being taken advantage of and I don't like it," Trump said in an interview with CNBC. "We're down a tremendous amount."He added: "I'm ready to go to 500."China exported goods worth $ 505.5bn to the US in 2007, compared to $ 129.9bn of American goods sent to China.Earlier this month, the US imposed 25% tariffs on $ 34bn of Chinese imports. China hit back with its own levies.The Trump administration is threatening to impose fresh tariffs of 10% on another $ 200bn of Chinese goods, which Beijing has called "totally unacceptable." China, the European Union and others have been manipulating their currencies and interest rates lower, whi...