MOSCOW, January 28 Former US President Donald Trump discussed with his advisers the possibility of introducing duties of 60% on imports of goods from China if he is re-elected, the Washington Post reports, citing sources.
According to the newspaper, the former US president is considering options for carrying out a “new large-scale economic attack on China” if he returns to the White House, which, as the publication writes, could lead to a “global trade war.”
«Privately, Trump discussed with advisers the possibility of introducing uniform tariffs of 60% on all Chinese imports,» the material says.
The newspaper, citing economists, writes that all these options could lead to “huge disruptions” in both the American and global economies, “which will far exceed the consequences of the trade wars of Trump’s first term.”
It is reported that a representative of the Trump campaign did not respond to the newspaper's request.
Earlier, Bloomberg reported that China's decision to focus on developing export-oriented manufacturing rather than on the real estate sector could provoke trade wars with the United States, European countries and other countries.
The head of the analytical department of the BKF bank, Maxim Osadchiy, stated earlier that the United States and European countries will more actively use protectionist measures and sanctions to intensify Chinese exports.
The US currently has tariffs of 25% on $300 billion worth of Chinese imports.
Relations between Beijing and Washington have cooled significantly even under the administration of President Donald Trump, who started a “trade war” with the PRC. With the advent of Joe Biden, the situation did not improve, but even worsened — a number of incidents, including a visit to Taiwan by then Speaker of the House Nancy Pelosi and the US destruction of a Chinese balloon in American airspace — led to a new round of diplomatic confrontation and China's boycott of cooperation with the United States on in a number of areas, including through defense departments. Recently, a series of steps have been taken to normalize relations, in particular, a number of representatives of the US administration visited China, but direct negotiations between Biden and Chinese President Xi Jinping have not yet taken place.