President Donald Trump on Sunday said the United States would impose “staggering” new tariffs on Chinese goods if Beijing provides military support to Iran during the U.S.-Israeli war.
"If we catch them doing that, they get a 50 percent tariff, which is a staggering -- that's a staggering amount," Trump told Fox News show "Sunday Morning Futures with Maria Bartiromo."
The U.S. leader is scheduled to visit Beijing next month for talks with his Chinese counterpart Xi Jinping, after delaying an earlier summit because of the war against Iran.
Trump earlier on Sunday ordered a U.S. naval blockade of the Strait of Hormuz in the wake of failed peace talks with Iran, a significant escalation that would test an already fragile cease-fire.
In lengthy social media posts and an interview on Fox News, Trump acknowledged that the marathon negotiations in Islamabad had gone "well" and "most points were agreed to."
