President Trump on Sunday threatened to escalate tariffs on $200 billion of Chinese goods ahead of a critical week of negotiations between the two countries to end a yearlong tit-for-tat trade war. ChristineRomans explains:
Washington President Donald Trump put his strong economic reviews at risk Sunday by threatening to escalate tariffs on $200 billion of Chinese goods"shortly" ahead of a critical week of negotiations between the two countries to end a yearlong tit-for-tat trade war.
Trump warned Sunday that he would lift tariffs Friday on a bundle of Chinese goods to 25% from the current 10% threshold, reactivating a threat he removed months ago just as it appears the two economic superpowers are on their way to a deal. He also warned he would tax nearly all of Chinese exports to the United States.
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