Trump confirms latest China tariffs set for Sunday are 'on'

Published August 31, 2019
US President Donald Trump speaks with reporters on the South Lawn of the White House in Washington, US, before his departure to Camp David on Friday. — Reuters
US President Donald Trump speaks with reporters on the South Lawn of the White House in Washington, US, before his departure to Camp David on Friday. — Reuters

US President Donald Trump confirmed on Friday that steep new tariffs on Chinese goods will kick in on Sunday and said that his economic pressure is forcing Beijing to take a more moderate line in Hong Kong.

“They're on,” Trump told reporters, two days before the levies on billions of dollars' worth of Chinese imports are set to rise in the latest escalation of the trade war between the world's two biggest economies.

Trump also said that US economic pressure on China was responsible for preventing the authorities from carrying out a harsher crackdown against pro-democracy demonstrators in Hong Kong.

“Because of what I'm doing with trade that's really keeping down the temperature,” he said at the White House.

Trump's tough line — and his claim that events in Hong Kong are linked to the trade war — follows his insistence over the last week that Chinese negotiators are keener than ever to strike a deal.

However, despite repeated hints that high-level communications have been reopened on the standoff, White House officials have sparked skepticism by failing to provide details of those reported talks.

His confirmation that the new tariffs will go ahead underlines the reality that the two sides remain at loggerheads.

Trump earlier this month had called for 10 per cent tariffs on $300 billion in goods to take effect September 1 and December 15. Then Beijing retaliated by targeting $75bn in US exports and Trump announced that the new tariffs would instead hit 15pc.

In addition, existing 25pc duties on $250bn worth of Chinese products will rise to 30pc starting October 1.

Trump initiated the trade war last year because of complaints over unfair Chinese trade practices.

His comments on Hong Kong could touch political nerves in China, which bristles at anything it sees as outside interference in the restive city.

Asked if he saw a connection between the way the Chinese respond to the unrest and the difficulties their economy faces under US pressure, Trump said: “I do, I do.”

“If it weren't for the trade talks Hong Kong would be in much more trouble,” he said, reiterating a call for Beijing to “handle it in a humane fashion”.

Trump's call fell on the same day prominent Hong Kong democracy activists including three lawmakers were arrested in a protest crackdown — a move described by rights groups as a well-worn tactic deployed by China to suffocate dissent ahead of major political events.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...