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U.S. Says It Will Raise Tariffs After China Reneges on Vows
- apo 7y ago> The state of the trade talks were cast into doubt after Trump’s surprise announcement over Twitter on Sunday that he planned to raise tariffs on $200 billion of Chinese goods to 25 percent from 10 percent because talks were moving too slowly. It's hard to know what to worry about more: the fact that the President acts unilaterally on trade; the fact that the countries with the two largest GDPs are entering an unprecedented phase of trade war; or the president of United States conducting foreign policy via Twitter.