If Trump triumphs: Potential 'economic attack' on China - WP
Photo: Donald Trump (Getty Images)
Donald Trump discusses imposing import duties in the United States at a rate of 40 or 60% on Chinese goods in the event of his victory in the presidential elections, informs the Washington Post.
According to sources, the former president is preparing for a "major new economic attack on China," which could lead to a global trade war.
In his public addresses, Trump has also openly expressed his desire to diminish China's trade status. In private discussions, as sources claim, he is considering the possibility of imposing tariffs at a rate of 40 or 60%.
Analysts believe that any of these scenarios will result in significant costs for the United States and the global economy, surpassing the consequences of the trade war in the first presidential term.
Issues with Trump's nomination in the US elections
The presidential elections in the United States are scheduled for November 5, 2024.
On December 20, 2023, the Colorado Supreme Court prohibited Trump from participating in primaries within the state, citing the 14th Amendment of the US Constitution. This amendment restricts individuals involved in or supporting an insurrection, as recognized by the court in the Capitol riot on January 6, 2021, from participating in elections.
Trump's team has appealed this decision to the US Supreme Court, and the judges have already begun deliberations. The verdict is expected on February 8 and is likely to be applied nationwide.
Trump's sole rival among Republicans in the elections is former US representative to the UN, Nikki Haley.
