Trump wants tariffs on $200 billion of goods from China

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President Donald Trump and China’s President Xi Jinping (not shown) make a joint statement at the Great Hall of the People on November 9, 2017 in Beijing, China.

The president met with trade advisors on Thursday, including Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer, the reports said. Mnuchin had been spearheading attempts to restart trade talks with China.

But Trump has indicated he has no intention of backing down. On Thursday he tweeted “we are under no pressure to make a deal with China, they are under pressure to make a deal with us.”

Earlier this month, Trump told reporters traveling with him on Air Force One that he could go after another $267 billion of goods on top of the $200 billion and the previously imposed tariffs.

Tariffs ranging from 5 to 25 percent apply to thousands of products, including cameras, recording devices, tires and vacuum cleaners.

China has vowed to respond.

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