President Trump's tariff threat is a go.
After Trump tweeted Sunday that he would up tariffs on China, U.S. Trade Representative Robert Lighthizer confirmed the revelation in a Monday afternoon announcement. The U.S. will raise tariffs from 10 percent to 25 percent on $200 billion in Chinese goods, Lighthizer said, citing an "erosion of commitments by China." Still, trade negotiations with China will continue on Thursday and Friday, Lighthizer said.
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