Trump threatens to increase tariffs on Chinese goods on Friday

Donald Trump and Xi Jinping.
(Image credit: Nicolas Asfouri/AFP/Getty Images)

President Trump tweeted on Sunday that on Friday, he would like to increase tariffs on $200 billion worth of Chinese goods, raising the fee from 10 percent to 25 percent.

"The Tariffs paid to the USA have had little impact on product cost, mostly borne by China," he claimed. "The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!" He also said $325 billion worth of additional Chinese goods "remain untaxed, but will be shortly, at a rate of 25 percent."

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Catherine Garcia, The Week US

Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.