President Donald Trump said he’d prefer not to have to impose tariffs on China, his latest dovish remark toward the world’s second-biggest economy even as he continues to threaten sweeping action.

President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his target, as Trump threatened to unleash a wave of higher taxes on imports from America’s second-biggest trading partner.

U.S. President Donald Trump has vowed to slap a 10% tariff hike on Chinese imports, possibly starting February 1. He's also thrown a lifeline to TikTok by delaying its legal ban until early April while suggesting the company give up a 50% stake to avert a shutdown.