G20 ahead, Trump warns China of more tariffs

US President Donald Trump threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods.
While Trump said on Thursday that talks with China were ongoing, no face-to-face meetings have been held since May 10. “Our talks with China, a lot of interesting things are happening. We’ll see what happens... I could go up another at least $300 billion and I’ll do that at the right time,” Trump told reporters, without specifying which goods could be impacted. “But I think China wants to make a deal,” he said at the Irish airport of Shannon while on his way to France for D-Day commemorations.
In Beijing, China’s commerce ministry struck a defiant tone. “If the US wilfully decides to escalate tensions, we’ll fight to the end,” ministry spokesman Gao Fengsaid.
US treasury secretary Steven Mnuchin is scheduled to meet People’s Bank of China Governor Yi Gang this weekend at a gathering of G20 finance leaders in Japan, the first face-to-face discussion between key negotiators in nearly a month.