Trump says the US will slap tariffs on virtually all Chinese imports next month

REUTERS/Kevin Lamarque

President Donald Trump said Thursday he would expand tariffs to virtually all imports from China on September 1, marking a significant escalation in a more than yearlong trade war between the largest economies.

"Trade talks are continuing, and......during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country," the president wrote on Twitter.

Trump accused China of reneging just days after high-level negotiations resumed between the two sides, saying it had not yet followed through with pledges to buy more American agricultural products and reduce the flow of fentanyl into the US.

"Additionally, my friend President Xi said that he would stop the sale of Fentanyl to the United States - this never happened, and many Americans continue to die!" Trump said.

On Tuesday, Trump said China would have to make significant progress in negotiations with the US or risk "no deal at all."

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