Donald Trump threatens Beijing with tariff hikes

US President Donald Trump is at it again.

Trump has threatened to raise the stakes in the simmering US-China trade war.

The president tweeted that tariffs of 10% on certain goods would rise to 25% on Friday, and $325 billion of untaxed goods could face 25% duties 'shortly'.

Speaking to Melanie Rice, US foreign policy expert Brooks Spector says no one was expecting the change of heart from Trump.

Up to yesterday evening, everybody thought an agreement was in reach.

Brooks Spector, US foreign policy expert 

Suddenly it was announced that there might be new tariffs.

Brooks Spector, US foreign policy expert 

Listen to the full interview below...


This article first appeared on 702 : Donald Trump threatens Beijing with tariff hikes


Recommended

by NEWSROOM AI
Read More
It just became legal for anyone to deal in dagga-derived CBD

It just became legal for anyone to deal in dagga-derived CBD

Cannabidiol now falls entirely outside of drug regulations. Africa Melane interviews Andre du Plessis (Cannabis Working Group).

More heads expected to roll at Prasa, says Satawu

More heads expected to roll at Prasa, says Satawu

On Wednesday the passenger rail agency announced it had terminated the former company secretary's contract with immediate effect.

New Western Cape Cabinet a 'safe' option for the DA, says political analyst

New Western Cape Cabinet a 'safe' option for the DA, says political analyst

Premier Alan Winde has named his provincial team which includes old and new faces.

Why we should care about the US-China trade war

Why we should care about the US-China trade war

CEO of Cannon Asset Managers and Professor at GIBBS Dr Adrian Saville gives an analysis of the impact of the trade wars.

How will the US-China trade war impact South Africa?

How will the US-China trade war impact South Africa?

Economists discuss the negative and positive impact of the US-China trade wars.

Brexit… Trump… Cabinet reshuffle…  Face your fears! Here’s where to invest…

Brexit… Trump… Cabinet reshuffle… Face your fears! Here’s where to invest…

Did you know? Currencies and markets usually strengthen in the 12 months after a downgrade.

Popular articles
It just became legal for anyone to deal in dagga-derived CBD

It just became legal for anyone to deal in dagga-derived CBD

Cannabidiol now falls entirely outside of drug regulations. Africa Melane interviews Andre du Plessis (Cannabis Working Group).

How to calculate how much money you need to never have to work again

How to calculate how much money you need to never have to work again

How much is enough? Is there a simple calculation? Warren Ingram, a personal financial advisor at Galileo Capital, explains.

Yet another case of brutality against Sea Point police

Yet another case of brutality against Sea Point police

Esethu Mcinjana spent a night in custody becoming another victim of alleged ill-treatment by the police.

City of Cape Town in bid to rein in unruly taxi drivers

City of Cape Town in bid to rein in unruly taxi drivers

Mayoral Committee Member for Safety and Security JP Smith worried by negligent and dangerous driving.

[WATCH] BMW's tribute to Mercedes-Benz maker CEO Dieter Zetsche goes viral

[WATCH] BMW's tribute to Mercedes-Benz maker CEO Dieter Zetsche goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

Twenty Cape Town dogs facing euthanasia find safe homes

Twenty Cape Town dogs facing euthanasia find safe homes

Mdzananda Animal Clinic in Khayelitsha was overcrowded and the public stepped up and came to the rescue.

Boeing 737 MAX: 'Sensor broke off, computer misread data and fought the pilots'

Boeing 737 MAX: 'Sensor broke off, computer misread data and fought the pilots'

Guy Leitch, the managing editor of SA Flyer Magazine, provides insights into what caused the airplane crash.

'Thuli Madonsela’s name has been mentioned for Deputy President'

'Thuli Madonsela’s name has been mentioned for Deputy President'

Lumkile Mondi (Wits), Ferial Haffajee and Busisiwe Mavuso (Business Leadership SA) on the President's upcoming "slim" Cabinet.

'BEE has closed many avenues for skilled people'

'BEE has closed many avenues for skilled people'

Africa Melane speaks to EOSA's Johannes Wessels about why so many highly skilled South Africans are taking their talents overseas.