Economy Trump threatens tariffs on all $500 billion of Chinese imports Updated : July 23, 2018 07:06 AM IST Around $505 billion of Chinese goods came into the United States in 2017, leading to a trade deficit of nearly $376 billion, US government data shows. The magnitude of the imbalance has continued into 2018, with Chinese imports totaling $205 billion in the first five months of the year and the deficit reaching $152 billion. Trump is taking a more aggressive, protectionist posture on trade than his recent predecessors, sparking retaliatory measures from countries around the world and igniting disputes on multiple fronts. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.