The New York Times reports that the Trump administration escalated its trade dispute with China on Tuesday, saying it would impose tariffs on roughly $200 billion worth of Chinese fish, petroleum, chemicals, handbags, textiles and other products if Beijing does not change its trade practices. The threat comes just days after President Trump imposed levies on $34 billion worth of Chinese goods, including robotics, airplane parts and ball bearings. Mr. Trump has said he is prepared to tax as much as $450 billion worth of Chinese products. On Tuesday, his administration detailed the next list of products that would face Mr. Trump's wrath unless Beijing folds to Washington's demands. The White House is pushing China to reduce its trade surplus with the United States, halt intellectual property theft and open its markets to American companies. Neither side appears eager to blink first. China has responded to Mr. Trump's initial tariffs with its own equal amount of levies on American goods like pork, steel, cars and fiber optic cable and has said that it is prepared to continue retaliating.

The Washington Post reports that Tesla chief executive Elon Musk on Tuesday landed a deal with Chinese authorities to build a new auto plant in Shanghai, its first factory outside the United States, that would double the size of the electric carmaker's global manufacturing. The deal was announced as Tesla raised prices on U.S.-made vehicles it sells in China to offset the cost of new tariffs imposed by the Chinese government in retaliation for President Trump's heavier duties on Chinese goods. Musk was in Shanghai on Tuesday, and the Shanghai government in a statement said it welcomed Tesla's move to invest not only in a new factory in the city, a center of the Chinese auto industry, but in research and development, as well. China has long pushed to capture more of the talent and capital invested by global automakers in advanced electric vehicle technology. Tesla plans to produce the first cars about two years after construction begins on its Shanghai factory, ramping up to as many as 500,000 vehicles a year about two to three years later, the company said. That would make Tesla's Shanghai plant large by auto industry standards, where most factories are tooled to build 200,000 to 300,000 vehicles a year, and roughly equivalent to the planned annual production at Tesla's plant in Fremont, Calif.