US-China Trade Talks Tensions Escalate As Trump Threatens 25% Tariffs On $200B Goods | WHAT REALLY HAPPENED


US-China Trade Talks Tensions Escalate As Trump Threatens 25% Tariffs On $200B Goods

Wall Street is expected to take a grim view of president Donald trump’s decision to impose tariffs of 25 percent on Chinese goods starting May 10, an indication that trade talks with China haven't moved forward despite months of administration claims of steady progress.

Trump unexpectedly announced the 25 percent jump in U.S. tariffs on $200 billion worth of Chinese goods on Sunday, and said 25 percent tariffs on $325 billion of Chinese goods will be imposed “shortly.”

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