Trump Says No Rush to Reach Deal With China As Trade War Escalates

Credit: Wochit
Published on May 10, 2019 - Duration: 00:33s

Trump Says No Rush to Reach Deal With China As Trade War Escalates

According to Reuters, U.S. President Donald Trump on Friday said he was in no hurry to sign a trade deal with China as Washington imposed a new set of tariffs on Chinese goods.

The United States on Friday increased its tariffs on $200 billion in Chinese goods to 25% from 10%, rattling financial markets in a trade war between the world’s two largest economies.

The tariffs went into effect just hours before talks between U.S. and Chinese officials were held for a second day in Washington.

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