CNBC: Trump says he's ready to hit China with another $267 billion in tariffs
* Traveling with reporters on Air Force One on Friday, President Trump said he could put tariffs on another $267 billion of Chinese goods "if he wants."
* Trump's remarks to reporters sparked a 100-point drop in the Dow Jones Industrial Average around 12 p.m. ET.
President Donald Trump told reporters on Air Force One Friday that he was "ready to go" on tariffs for another $267 billion in Chinese goods "if he wants," which would come on top of the $200 billion in goods already targeted, according to Bloomberg and Reuters.
Already the administration was set to announce it would impose the tariffs on the $200 billion in goods, after threatening them in an ongoing and escalating dispute with China. A public comment period on this set of tariffs expired Thursday in the U.S. China's commerce ministry has said the country would retaliate if the U.S. imposes new tariffs.
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WNU Editor: These additional tariffs .... if implemented .... will essentially cover all Chinese imports. My prediction .... it is going to happen, especially in view of yesterday's trade deficit report .... $50 billion trade deficit for July (San Francisco Chronicle).
More News On President Trump Threatening To Hit China With Another $267 Billion In Tariffs
Trump: Ready to tax an additional $267B in Chinese imports -- AP
Trump ups ante on China, threatens duties on $267 billion more imports -- Reuters
Trump warns of tariffs on another $267 billion of Chinese imports -- CNN
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