President Donald Trump said the Chinese regime “has to do a lot” to turn things around in an ongoing trade war that recently escalated after he vowed to impose fresh tariffs on $300 billion of Chinese imports.
On Aug. 1, Trump unexpectedly announced duties of 10 percent on $300 billion of Chinese goods a day after United States and Chinese negotiators wrapped up talks in Shanghai. White House economic adviser Larry Kudlow on Aug. 2 said the president was “not satisfied” with how the trade deal has progressed.