Trump ready to put tariffs on $500 billion of Chinese imports: CNBC
Members of border security forces stand in front of a docking cargo ship at Qingdao port in Shandong province, China March 8, 2018. China Daily via REUTERS

U.S. President Donald Trump on Friday said he was poised to place tariffs on $500 billion of imported goods from China, threatening in an interview with CNBC to escalate the current trade clash with the Asian nation.


“We’re down a tremendous amount,” Trump said in the interview, which was recorded on Thursday, about trade imbalances with China. “I’m ready to go to 500.”

Reporting by Susan Heavey and Doina Chiacu; Writing by Lisa Lambert; Editing by Alison Williams