US President Donald Trump says he is in no rush to reach a deal with China, insisting that tariffs will rake in billions of dollars in profits for the United States government.

The White House issued a statement from the president saying hiking tariffs from 10 to 25 percent on $250bn worth of goods means China pays a lot more money directly into the US Treasury.

Al Jazeera’s Alan Fisher reports from Washington, DC.

– Subscribe to our channel: http://aje.io/AJSubscribe
– Follow us on Twitter: https://twitter.com/AJEnglish
– Find us on Facebook: https://www.facebook.com/aljazeera
– Check our website: https://www.aljazeera.com/

#AlJazeeraEnglish #US-ChinaTrade #tariffs

Leave a comment

Your email address will not be published. Required fields are marked *