President Donald Trump takes part in a cabinet meeting in the Cabinet Room of the White House in Washington, DC on November 19, 2019.
Mandel Ngan | AFP | Getty Images
President Donald Trump threatened higher tariffs on Chinese goods if the country does not make a deal on trade.
The comments came during a meeting with the president’s Cabinet on Tuesday. The U.S. and China, the world’s two largest economies, have been locked in an apparent stalemate in trade negotiations that have lasted nearly two years.
The U.S. and China agreed to a “phase one” trade deal in October, but Beijing and Washington have since sent mixed signals about how the countries will move forward.
White House economic advisor Larry Kudlow said on Friday that the countries were “getting close” to reaching a trade deal.
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