Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.
SAINT-JEAN-DE-LUZ, France — President Donald Trump said Sunday he could declare the escalating U.S.-China trade war as a national emergency if he wanted to.
"Actually we are getting along very well with China right now, we are talking. I think they want to make a deal much more than I do. I'm getting a lot of money in tariffs its coming in by the billions. We've never gotten 10 cents from China, so we will see what happens." from 25% on Oct. 1. What's more, tariffs on another $300 billion of Chinese goods, which start to take effect on Sept. 1, will now be 15% instead of 10%.
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