Trump threatens a "massive" increase in tariffs on Chinese goods

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• 00:40

  It's the U.S.-China trade war heating up again.

• 00:44

  Markets seem to be reacting to a truth social post from President Trump that threatens higher tariffs on China.

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  Well, there's been no evidence of what Trump says.

• 00:53

  I think this is in Trump's head.

• 00:55

  It's World Business Report from the BBC World Service.

• 01:02

  In what seems to be a new assault in the tariffs war with China,

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  President Trump has threatened to pull out of his planned meeting with China's President Xi later this month.

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  Also, cocoa prices are falling fast, but chocolate remains stubbornly expensive.

• 01:18

  So, when will choppers see relief?

• 01:26

  So President Donald Trump has just announced on TripSocial that he plans to impose 100% tariffs on China's goods starting from the 1st of November or possibly even earlier.

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