（When Trump said that China has no plan to reduce its trade surplus against the US, he is caught in a bold face lie. The US and China negotiated on trade issues in Beijing and in the US. China agree to reduce its trade surplus by buying more products from the US and to reduce tariff against US exports. China also agreed to open its market for US service and investments. Trump chose to void that agreement by arbitrarily imposing tariff on Chinese exports, after his government agreed to put trade issues on hold.
When Trump talked about fake news, he is describing himself. He try to lead this country to a trade disaster.）
WASHINGTON — President Trump further escalated his trade fight withChina on Monday, saying his administration was prepared to impose tariffs on another $200 billion worth of Chinese goods and potentially even more if Beijing continues to fight back.
Mr. Trump’s threat, in response to retaliatory measures byChina, was the latest volley in a dizzying trade dispute that has pitted the world’s two largest economies against each other and resulted in a seemingly endless game of one-upsmanship. The president called it punishment for what he said was an attempt by Beijing to keep theUnited States“at a permanent and unfair disadvantage.”
“Chinaapparently has no intention of changing its unfair practices related to the acquisition of American intellectual property and technology,” Mr. Trump said in a statement. “Rather than altering those practices, it is now threateningUnited Statescompanies, workers, and farmers who have done nothing wrong,” he added, callingChina’s response “unacceptable.”
The president left little doubt that the United States would continue to hit back even harder if China counters, adding tariffs to another $200 billion worth of Chinese goods. All told, the Trump administration is threatening to impose tariffs on as much as $450 billion worth of goods, including an earlier round — a sum nearly as large as the total value of goods China sent the United States last year, which was $505.6 billion.