U.S. President Trump said that things will only get worse if China retaliates to repeat his warning message. Earlier today, China’s ministry of finance announced that China is planning to set import tariffs ranging from 5% to 25% on a list of more than 5,000 U.S. products that are worth about $60 billion.
“Many tariffed companies will be leaving China for Vietnam and other such countries in Asia. That’s why China wants to make a deal so badly!” Trump said in a Twitter thread.
“There will be nobody left in China to do business with. Very bad for China, very good for the USA! But China has taken so advantage of the U.S. for so many years, that they are way ahead.”
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