US VP Pence: US could double tariffs on China - Reuters News

The United States will not back down from its trade tiff with China, and might even double its tariffs, unless Beijing bows to US demands, Vice President Mike Pence said on Saturday, according to Reuters.

Key quotes

• We have taken decisive action to address our imbalance with China.
• We put tariffs on $250 billion in Chinese goods, and we could more than double that number.
• The United States, though, will not change course until China changes its ways.
• China has taken advantage of the United States for many years. Those days are over.