Washington DC: The Oval Office turned into a stage of warnings and numbers on Monday night. US President Donald Trump issued what he called a “potential” 155 per cent tariff threat to China. The move, he said, would take effect from November 1 if there was no trade deal between Washington and Beijing.

Trump spoke at the White House during a high-level meeting with Australian Prime Minister Anthony Albanese. Cameras caught his tone, which was sharp, certain and filled with talk of money.

“I think China has been very respectful of us. They are paying tremendous amounts of money to us in the form of tariffs. As you know, they are paying 55 per cent; that is a lot of money,” he said.

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