Trump threatens to raise tariffs if no trade deal with China

Trump threatens to raise tariffs if no trade deal with China

U.S. President Donald Trump threatened to raise tariffs on China if the two sides are unable to come to an agreement on a trade deal.

"I have a good relationship with China," Trump said during a Cabinet meeting. 

"We’ll see what happens. I'm very happy right now. If we don’t make a deal with China, I’ll just raise the tariffs even higher," the Hill cited the U.S. leader as saying.

"Look, China’s going to have to make a deal that I like. If they don’t that’s it. OK?" he said.

Trump announced last month that the two sides had come to an understanding on "phase one" of a deal, but it has yet to be finalized or signed by either party.

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