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Trump Increases Tariffs On China

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Trump Increases Tariffs On China

Trump Increases Tariffs On China

On Monday U.S. President Donald Trump said he was ready to impose another round of punitive tariffs on Chinese imports if he does not reach a trade deal with China’s president at a Group of 20 summit later this month.

Reuters reports since two days of trade talks last month in Washington ended in a stalemate, Trump has repeatedly said he expected to meet Chinese President Xi Jinping at the June 28-29 summit in Osaka, Japan.“If we don’t make a deal, you’ll see a tariff increase,” Trump told CNBC.

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