Washington • President Donald Trump said Sunday that he will increase tariffs on Chinese imports on Friday, unexpectedly setting what appears to be a new deadline to produce a comprehensive deal or trigger an escalation of the U.S.-China trade war.
Just days before Chinese negotiators are scheduled to arrive in Washington, the president threatened to increase tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent on Friday and levy a new 25 percent fee on all remaining Chinese imports shortly.
In a pair of tweets, Trump accused China of trying to "renegotiate" the terms of an agreement that negotiators have been racing to finish for five months.