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Trump Threatens to Increase Tariffs on China to 25% on $325B of Untaxed Goods as Trade Talks Move ‘Too Slowly’

President Donald Trump threatened increased tariffs as progress on U.S.-China trade talks slows.
In a two-part tweet on Sunday, the president said that tariffs on $200 billion of Chinese goods will rise from 10% to 25% on Friday. He additionally threatened to set a 25% tariff on $325 billion of currently untaxed goods.
“These payments are partially responsible for our great economic results,” he said.

For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results. The 10% will go up to 25% on Friday. 325 Billions Dollars….
— Donald J. Trump (@realDonaldTrump) May 5, 2019

“The Tariffs paid to the USA have had little impact on product cost, mostly borne by China,” he wrote. “The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!”

….of additional goods sent to us by China remain untaxed, but will be shortly, at a rate of 25%. The Tariffs paid to the USA have had little impact on product cost, mostly borne by China. The Trade Deal with China continues, but too slowly, as they attempt

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Via:: https://footwearnews.com/2019/business/trade/donald-trump-tariffs-china-increase-1202778519/