Trump renews his trade threats against China

Economies.com
2019-11-19 19:01PM UTC

President Donald Trump threatened again to increase tariffs against Chinese goods.

 

Trump said his administration will increase tariffs on Chinese imports if China does not sign the first phase of the trade deal.

 

Which came after news that the trade talks are facing several hurdles on the way for a final deal, including the volume of China's pledge to increase US farm purchases, and concerns in Beijing about canceling the tariffs.

 

US officials have expressed their hopes that the first phase trade deal will be signed in this month or the next, and in case that didn't happen the Trump administration will increase tariffs on December 15.

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