On Saturday, The Washington Post reported that sources close to former President Donald Trump suggest the real estate tycoon is contemplating significant new economic measures against China, should he win reelection.
These strategies, which include potentially revoking China's "most favored nation" trade status and imposing high tariffs, are expected to escalate tensions between the world's leading economies, potentially triggering a global trade conflict. While Trump has publicly endorsed imposing a 10% tariff on nearly all $3 trillion in annual imports, including those from China, private discussions have reportedly broached the idea of a 60% tariff on Chinese goods.
These proposed policies mark a stark departure from the trade dynamics during Trump's first term.
The Post reached out to the Trump campaign but did not receive a comment. Newsmax could not verify the 60% claim. So far, Trump has not named a trade adviser. Peter Navarro, Trump's former trade adviser, pushed for tariffs on China.