ASSOCIATED PRESS President Donald Trump pauses while speaking during a meeting with Slovak Prime Minister Peter Pellegrini in the Oval Office of the White House, Friday, May 3, 2019, in Washington. (AP Photo/Alex Brandon)WASHINGTON, May 5 (Reuters) - U.S. President Donald Trump on Sunday dramatically increased pressure on China to reach a long-sought trade deal by announcing he will markedly increase U.S. tariffs on certain Chinese goods. Trump said on Twitter that tariffs will increase to 25% on Friday and that more Chinese goods will face additional tariffs. “The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. — Donald J. Trump (@realDonaldTrump) May 5, 2019U.S.-China trade talks are due to resume this week, with Chinese Vice Premier Liu He due to travel to Washington.

Source: Huffington Post May 05, 2019 18:45 UTC