Trump says mulling trade sanctions against China

Charging that the US steel and aluminium industries were being “decimated” by dumping, Donald Trump said he was also mulling trade sanctions against China.

President Donald Trump vowed on Tuesday to revise a US trade deal with South Korea to secure more favourable terms, while also threatening retaliatory trade sanctions against China.

US President Donald Trump speaks during a National African American History Month reception in the East Room of the White House on February 13, 2018 in Washington, DC. (AFP Photo)

“The Korea deal was a disaster,” Trump told reporters as he hosted a White House meeting on trade, vowing the United States would negotiate a “fair deal” or scrap it altogether.

Charging that the US steel and aluminium industries were being “decimated” by dumping, Trump said he was also mulling trade sanctions against China, and was “considering all options” including tariffs.

Trump’s comments came a day after he singled out South Korea and China, along with Japan, over their trade surpluses with the United States, accusing them of “getting away with murder.”