China broke deal in trade talks, would face stiff tariffs: Trump

Panama City Beach: President Donald Trump said on Wednesday that China "broke the deal" in trade talks with Washington and would face stiff tariffs if no agreement is reached.

"You see the tariffs we're doing?" Trump told a rally with supporters in Florida. "Because they broke the deal. ... They broke the deal. So they're flying in. The vice premier tomorrow is flying in, but they broke the deal. They can't do that. So they'll be paying. If we don't make the deal, nothing wrong with taking in more than USD 100 billion a year."

Trump has threatened to impose additional tariffs on Chinese goods beginning on Friday after China backtracked on substantial commitments it made during ongoing trade talks, top US trade officials said this week.