Trump Today: Trump says this is his ‘Plan B’ if China-U.S. trade talks collapse

President Donald Trump says the alternative to a trade pact with China is simple: collect tariffs and do less business with the second-largest economy.


In a wide-ranging interview with Fox Business’s Maria Bartiromo Wednesday morning, Trump suggested that he’s happy to receive import duties from China if efforts to reach a detente between the world’s largest economies fails to result in a concrete trade deal.

“My Plan B with China is to take billions and billions a month…and we’ll do less business with them,” Trump said. Wall Street is eagerly waiting for a meeting with Trump and China President Xi Jinping on the sidelines of the Group of 20 gathering that is set to take place in Osaka, Japan, over the weekend.

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