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May 6, 2019

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Trump threatens to raise Chinese tariffs to 25% this week

By PAUL WISEMAN and deadlines — in January
JOSEPH PISANI and March — to raise the
AP Business Writers tariffs in a bid to buy more
WASHINGTON (AP) — Presi- time for a negotiated set-
dent Donald Trump turned tlement. But on Sunday,
up the pressure on China Trump, who has called him-
on Sunday, threatening to self a "tariff man," said he's
hike tariffs on $200 billion losing patience. "The Trade
worth of Chinese goods. Deal with China continues,
Trump's comments, deliv- but too slowly, as they at-
ered on Twitter, came as tempt to renegotiate. No!"
a Chinese delegation was Trump tweeted .
scheduled to resume talks In his tweets, Trump also
in Washington on Wednes- threatened to slap tariffs
day aimed at resolving a on another $325 billion in
trade war that has shak- Chinese imports, covering
en financial markets and everything China ships an-
cast gloom over the world nually to the United States.
economy. The two countries are
Trump turned up the heat locked in a high-stakes dis-
by saying he would raise pute over China’s push to
import taxes on $200 billion establish itself as a techno-
in Chinese products to 25% logical super power.
from 10% on Friday. In this July, 5, 2018, file photo, a jockey truck passes a stack of 40-foot China Shipping containers
He'd twice pushed back Continued on Next Page at the Port of Savannah in Savannah, Ga. Associated Press