Trump Floats Chinese Goods Tariff of More Than 60% If Elected

News Snapshot:

(Bloomberg) -- Former President Donald Trump said he might impose a tariff on Chinese goods of more than 60% if elected, signaling an increasingly hawkish tone against the top supplier of goods to the US. Asked about a Washington Post report that he was considering a flat 60% tariff on Chinese goods imports, Trump said “no, I would say maybe it’s going to be more than that" in an interview on Fox News’ Sunday Morning Futures. Trump, the front-runner for the 2024 Republican presidential nomination, rejected criticism that the moves would start a trade war, saying that he “did great...