Trump in no hurry over China deal

Credit: Rumble
Published on May 10, 2019 - Duration: 00:41s

Trump in no hurry over China deal

On Friday U.S. President Donald Trump announced he was in no rush to sign a trade deal with China as Washington imposed a new set of tariffs on Chinese goods and negotiators entered a second day of last-ditch talks to try to salvage an agreement.

Reuters reports that early on Friday the US increased its tariffs on $200 billion in Chinese goods to 25% from 10%, rattling financial markets already worried the 10-month trade war between the worldโ€™s two largest economies could spiral out of control.

The move is expected to lead China to retaliate.

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