As the trade war between the U.S. and China escalates, President Trump has warned there's a lot more he could do to hurt China's economy.<br />For more on this and other news around the world we turn to our Ro Aram…<br />So Aram… he's famous for digging his heels in,... and as usual,... President Trump is showing no sign of backing down....<br /><br /> That's right Mark… In an interview on Fox News on Thursday, President Trump praised his tariffs on Chinese imports.<br /> He said they've had a "big impact" in damaging China's economy, claiming it has gone down substantially.<br />Washington has so far imposed tariffs on 250 million dollars-worth of Chinese goods, with Beijing retaliating in kind. <br />President Trump added he could a lot more if he wanted to, but said he would prefer Beijing come to the negotiating table.<br />However, he said the Chinese want to negotiate but he does not believe they are ready and he told them so.<br />He also blamed previous U.S. presidents for allowing China to pursue unfair trade practices and said he had to tell Beijing, "It's over."<br />Despite the rhetoric, Trump and Chinese President Xi Jinping are reportedly set to meet soon to try and defuse tensions.<br /> The Wall Street Journal, citing officials in both countries, reported that the two leaders will meet at the G20 summit in Argentina late next month.<br />The meeting was said to have been pushed by U.S. Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow. <br />
