WASHINGTON (AP) — President Donald Trump said Friday that he's prepared to impose tariffs on an additional $267 billion in Chinese imports. Such a step would significantly escalate his trade war with Beijing and would likely increase costs for a broad range of U.S. businesses and consumers.

Those potential tariffs would come on top of tariffs Trump has said he's poised to slap on $200 billion worth of goods from China — everything from handbags to bicycle tires. It would also be in addition to tariffs his administration has already imposed on $50 billion in Chinese imports, for which Beijing h...