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China Considers Pulling Out of Talks After Trump Tariff Threat

May 06 , 2019

 President Trump threatened to drastically ramp up U.S. tariffs on Chinese imports, a surprise twist that put an accord in doubt as Beijing considered pulling out of talks scheduled to begin this week.

In a pair of Twitter messages Sunday, Mr. Trump wrote he planned to raise levies on $200 billion in Chinese imports to 25% starting Friday, from 10% currently. He also wrote he would impose 25% tariffs “shortly” on $325 billion in Chinese goods that haven’t yet been taxed.

“The Trade Deal with China continues, but too slowly, as they attempt to renegotiate,” the president tweeted. “No!”

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