US President Donald Trump increased tensions between the world's two largest economies with the threat to more than double punitive duties on $200bn worth of Chinese goods from tomorrow if no agreement is reached
US President Donald Trump increased tensions between the world's two largest economies with the threat to more than double punitive duties on $200 billion worth of Chinese goods from tomorrow if no agreement is reached.
US trade officials have said the president's threat was prompted by China backtracking on substantial commitments it made during ongoing trade talks.
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