Advertisement

US politicians break ranks over Donald Trump’s ‘nuts’ trade moves against China

‘This is the dumbest possible way to do this,’ Republican senator Ben Sasse says after US leader threatens to levy more tariffs on Chinese goods

Reading Time:3 minutes
Why you can trust SCMP
Despite dissent in his own Republican Party, Trump shows no sign of backing off from escalating a trade war with China. Photo: AFP

As the United States and China edge closer to an all-out trade war, some American politicians are breaking party ranks over US President Donald Trump’s threat to levy punitive tariffs on an additional US$100 billion in Chinese goods.

Despite dissent in his own Republican Party, Trump showed no sign on Friday of backing down. 

Could services be next in China’s sights to defend its interests ‘at any cost’ in a US trade war?

“I’m not saying there won’t be a little pain,” Trump reminded US investors in an interview with New York radio station WABC.

Advertisement

“So we might lose a little of it but we’re going to have a much stronger country when we’re finished, and that’s what I’m all about.’’ 

Trump said he asked the Office of the US Trade Representative to identify products that could be subject to the latest round of punitive duties.

Advertisement

US Treasury Secretary Steven Mnuchin told CNBC that the friction between the world’s two largest economies had the “potential of a trade war”. 

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x