A Chinese delegation left meetings with U. S. officials on Friday without a deal
Washington — President Trump has escalated U. S. trade tensions with China, threatening to again raise tariffs — this time on essentially all remaining Chinese imports, CBS News’ Nikole Killion reports from the White House.
U. S. Trade Representative Robert Lighthizer said on Friday Mr. Trump « ordered us to begin the process of raising tariffs on essentially all remaining imports from China, which are valued at $300 billion. »
Earlier Friday, the U. S. increased tariffs on approximately $200 billion worth of Chinese goods from 10 percent to 25 percent. The $300 billion in imports Lighthizer mentioned Friday hadn’t yet been hit in a yearlong dispute over China’s push to challenge American technological dominance, allegedly by stealing technology and forcing U. S. companies to hand over trade secrets.
