Washington: US President Donald Trump took to Twitter on Sunday to threaten China to increase tariffs on 200 billion US dollars of Chinese products.
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....of additional goods sent to us by China remain untaxed, but will be shortly, at a rate of 25%. The Tariffs paid to the USA have had little impact on product cost, mostly borne by China. The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!
— Donald J. Trump (@realDonaldTrump) May 5, 2019 " class="align-text-top noRightClick twitterSection" data="
">....of additional goods sent to us by China remain untaxed, but will be shortly, at a rate of 25%. The Tariffs paid to the USA have had little impact on product cost, mostly borne by China. The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!
— Donald J. Trump (@realDonaldTrump) May 5, 2019....of additional goods sent to us by China remain untaxed, but will be shortly, at a rate of 25%. The Tariffs paid to the USA have had little impact on product cost, mostly borne by China. The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!
— Donald J. Trump (@realDonaldTrump) May 5, 2019
The announcement has come ahead of a critical week of negotiations between the two countries to end the trade war which is affecting world economy.
Earlier to this Trump has pushed back deadlines - in January and March - to raise the tariffs in a bid to buy more time for a deal.
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Suggesting that he was not happy with the slow negotiation pace, Trump warned that he would raise tariffs on Friday on 200 billion US dollars of Chinese products to 25 per cent from the current 10 per cent.
Trump also added that another 325 billion dollar of Chinese goods which were currently untaxed will be taxed by 25 per cent.
US had imposed tariffs on Chinese goods after accusing it of unfair trade practices to which China had hit back with duties on 110 billion dollar of US goods.
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