President Trump turned up the pressure on China on Sunday, threatening to hike tariffs on $200 billion worth of Chinese goods before the next round of scheduled trade talks.
President Trump turned up the pressure on China on Sunday, threatening to hike tariffs on $200 billion worth of Chinese goods.
The two countries are locked in a high-stakes dispute over China’s push to establish itself as a technological superpower. The U.S. charges that China is resorting to predatory tactics — including cybertheft and forcing foreign companies to hand over technology — in a drive to establish Chinese companies as world leaders in advanced industries such as robotics and electric vehicles.
Philip Levy, senior fellow at the Chicago Council on Global Affairs and a White House economist under President George W. Bush, said the talks are too complicated for Trump’s high-pressure tactics to work. “The president treats this like we’re haggling over the price of a used car,” Levy said.As a candidate for the presidency, Trump raged repeatedly about alleged Chinese perfidy — so much so that awent viral and collected more than 15 million views on YouTube.
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