Trump announces plan to raise tariffs on Chinese goods, blames slow pace of trade talks

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Trump announces plan to raise tariffs on Chinese goods, blames slow pace of trade talks
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President Trump announces that he is increasing tariffs on hundreds of billons of dollars in Chinese goods and says trade talks between the two countries are not progressing as fast as he'd like.

President Donald Trump announced Sunday that he is increasing tariffs on hundreds of billons of dollars in Chinese goods and complained trade talks between the two countries are not progressing as fast as he'd like.

Last week, industry sources said they believed the talks were in the endgame, and Treasury Secretary Steven Mnuchin had said he hoped that the U.S. negotiating team would soon be able to recommend a deal to Trump or tell him that one could not be reached.

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