President Donald Trump told reporters Friday he's ready to levy more tariffs against China "on short notice."
His administration has already levied around $50 billion in tariffs on Chinese imports. Beijing retaliated dollar-for-dollar and filed a complaint with the World Trade Organization.
Another round of $200 billion in tariffs against China has gone through the public comment phase and could be implemented soon, according to Politico.
But Trump went a step further, saying he would add an additional $267 billion in tariffs. Combined with the existing $50 billion tariffs already implemented and the $200 billion in tariffs yet to be implemented, that would cover nearly all goods China sends to the U.S.