China is considering delaying a trip by its top trade negotiators to Washington this week, according to people familiar with the matter, after US President Donald Trump threatened the country with steeper tariffs over the pace of trade talks.
Trump on Sunday raised pressure on Beijing to strike a trade deal by announcing he would increase tariffs on $200 billion of Chinese imports to 25 per cent from 10 per cent on Friday. He also floated the possibility of extending a new 25 per cent duty on another $325 billion in imports that aren’t now covered.
“Risks of a full blown