News analysis

Window still open for US-China trade talks, but there's risk neither will back down

A worker cutting steel at a factory in Huaibei, in China's Anhui province. US President Donald Trump's threat of additional tariffs on US$200 billion (S$272 billion) worth of Chinese goods comes after the US announced 25 per cent additional tariffs o
A worker cutting steel at a factory in Huaibei, in China's Anhui province. US President Donald Trump's threat of additional tariffs on US$200 billion (S$272 billion) worth of Chinese goods comes after the US announced 25 per cent additional tariffs on US$50 billion worth of imports from China, to take effect on July 6.PHOTO: AGENCE FRANCE-PRESSE

United States President Donald Trump's threat of additional tariffs on US$200 billion (S$272 billion) worth of Chinese goods has dramatically raised the risk of a full-scale trade war with China.

"If China increases its tariffs yet again, we will meet that action by pursuing additional tariffs on another US$200 billion of goods," he said in a statement on Monday.

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A version of this article appeared in the print edition of The Straits Times on June 20, 2018, with the headline 'Window still open for talks, but there's risk neither will back down'. Subscribe