U.S.-China: A Tariff Threat Ups the Ante as Trade Talks Inch Toward the Finish

In a May 5 tweet, U.S. President Donald Trump renewed a threat to raise tariffs on Chinese imports, specifically mentioning increasing the levy on $200 billion in Chinese goods to 25 percent at the end of the week. The president followed that with a suggestion that the United States could subject remaining Chinese goods exports (worth some $300 billion to $350 billion) to annual tariffs, a move subject to public comment that could take up to three months to implement....