Trump Threatens To Up China Tariffs If It Doesn't Budge In Trade Talks
Neither side has commented on the deal's delay.
President Donald Trump says he'll raise tariffs on China if it doesn't budge in trade talks. He made the comment during a Cabinet meeting Tuesday.
The U.S. and China have been negotiating trade for nearly two years. Back in October, the Trump administration announced an "agreement in principle" with China. That agreement, considered a "phase one" deal, was meant to be a win-win situation. China would buy more American farm goods and tighten intellectual property rules, while the U.S. would remove some tariffs.
But the tariffs in that deal, which was expected to be officially signed by now, have caused a new stalemate. The Wall Street Journal says the sides disagree on whether the tariff removal refers to existing tariffs or ones that are set to take effect in December.
China's Ministry of Commerce said officials met Saturday and had "constructive discussions." But neither side has commented on the deal's delay.
Biden calls Israel's Netanyahu with judicial plan 'concern'
Netanyahu said Sunday the legal changes would be carried out responsibly while protecting the basic rights of all Israelis.
How war in Ukraine is shaping the 2024 Republican presidential race
Florida Gov. Ron DeSantis and former President Donald Trump have similar stances on the war in Ukraine, but that's not the case for other issues.
Biden expected to tighten rules on US investment in China
The expected action is the latest effort by the White House to target China's military and technology sectors.
Are video games contributing to gambling problems?
Experts say the legalization of gambling, especially in mobile settings, is leading to a blurrier line between that and video games.
Ukrainian mom's visit to the US turned into a mission to help refugees
What started as visit to her son in Chicago is now a mission to help other Ukrainian refugees settle in the Windy City.
Woman sues artificial tears maker after loss of eyeball
Ezricare's artificial tears have been linked to a bacterial infection that is causing blindness, loss of eyes and even death.