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Trump Makes New Threat Amid Slow China Talks

The US will slap a tariff on $300B in Chinese goods, Trump says
By Newser Editors and Wire Services
Posted Aug 1, 2019 1:15 PM CDT
Chinese Vice Premier Liu He, center, poses with US Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin, for photos before holding talks at the Xijiao Conference Center...   (AP Photo/Ng Han Guan, Pool)
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(Newser) – President Trump says the US will apply a new tariff of 10% on about $300 billion worth of products from China on Sept. 1, the AP reports. Trump tweeted Thursday amid slow-moving talks with China that negotiations will continue. But he blamed China for not following through on stopping the sale of fentanyl to the United States or purchasing farm goods in large quantities. "We thought we had a deal with China three months ago, but sadly, China decided to re-negotiate the deal prior to signing," Trump wrote. "More recently, China agreed to buy agricultural product from the US in large quantities, but did not do so."

"Additionally, my friend President Xi said that he would stop the sale of Fentanyl to the United States—this never happened, and many Americans continue to die! Trade talks are continuing. ... We look forward to continuing our positive dialogue with China on a comprehensive Trade Deal, and feel that the future between our two countries will be a very bright one!" The US has already applied tariffs of 25% on $250 billion worth of goods from China. China retaliated with tariffs on $110 billion in American goods, including agricultural products, in a direct shot at Trump supporters in the US farm belt.
(Read more US-China relations stories.)

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