President Trump is keeping China on edge with threats to hike tariffs on $200 billion worth of Chinese goods. He tweeted about this on Monday, while the Chinese delegation was appointed to resume talking in Washington on Wednesday, aimed at resolving a trade war.

    Trump then put them more on edge by saying he would raise import taxes on $200 billion in Chinese products from 10 percent to 25 percent as of Friday. This was said on Sunday. Trump had pushed back the deadlines twice now in January and March to raise the tariffs in a bid to buy more time for a negotiated settlement. On Sunday, he referred to himself as the “Tariff Man” due to him losing patience.

Trump also tweeted, “The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!” He then proceeded to tweet threats of adding another tariff of $325 billion in Chinese imports. The two countries are in high dispute over China’s attempt to establish itself as a technological superpower. The U.S. accuses China of resorting to predatory tactics such as cyber theft and forcing foreign companies to hand over technology.  The threats that Trump had put upon China makes it difficult to talk politically. If Trump goes ahead, American companies in China would be concerned about retaliation.

About a month ago, Trump made a prediction that “something monumental” would happen in the next few weeks. But last week, Treasury Secretary Steven Mnuchin suggested that Washington will be willing to move on if it cannot get the deal that they wanted. This deal would require China to reconstruct the way it pursues its economy.
If the deal passes or not the overall U.S economy will remain healthy. On Friday, the government reported that the U.S. unemployment rate had fallen to the lowest level in half a century.