Trump warned that China's trade agreement was not good enough and that he might

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      The United States and China have imposed tit-for-tat tariffs on hundreds of billions of dollars of each other's goods, leading to financial market turmoil, disruption of manufacturing supply chains and shrinking U.S. agricultural exports.
"I'm always ready to give up," Trump said after a summit in Hanoi with North Korean leader Kim Jong-un. "I've never been afraid to give up the agreement. If I don't succeed, I will do the same to China. The summit between Trump and Kim Jong-un failed to reach a nuclear agreement.
The United States had planned to raise tariffs on some $200 billion of Chinese goods to the United States from 10% to 25% if it failed to reach a trade agreement with China by Friday (March 1). But Trump announced Sunday that he would postpone the imposition of tariffs as trade talks with Chinese officials made progress last week.
Since then, Trump officials have given little details of the negotiations.
"Very good progress was made last week," Larry Kudlow, director of the White House National Economic Committee, said on CNBC Thursday, referring to the "stern warning" given to Chinese officials by U.S. Trade Representative Letter Heyzer during last week's negotiations.
"We are about to reach an extraordinary and historic agreement," he added.


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