Trump in trade negotiations with China: "They broke the deal"



[ad_1]

President Donald Trump said Wednesday that China's trade negotiators "broke the deal," adding that it would impose additional tariffs as a penalty if no agreement was reached. "By the way, do you see the rates we are doing? Because they broke the contract. They broke the contract," Trump said at a rally with supporters in Florida. "So they are coming … Tomorrow's Deputy Prime Minister, good man – broke the deal.They can not do that, so they will pay." US Trade Representative Robert Lighthizer said earlier this week that the United States would increase tariffs on $ 200 billion worth of Chinese goods, from 10 percent Friday to 25 percent. imports from China – "coming soon". Trade talks are scheduled to resume Thursday in Washington and hope can still be found to end the tariff war that has lasted for a year.

Have the latest news sent to your inbox. Subscribe to free e-mails from the MarketWatch newsletter. Register here.

[ad_2]

Source link