Trump had indicated that he would proceed with the $200b tariffs against China goods by refusing to strike any deal with China this time.
China has just announced that it will retaliate if the US proceeds with the proposed tariffs.
https://sg.finance.yahoo.com/news/china-says-retaliate-u-implements-tariffs-072843016--business.html
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https://sg.finance.yahoo.com/news/trump-poised-tax-additional-200b-070324390.html
https://www.channelnewsasia.com/news/business/trump-says-not-ready-to-make-trade-deal-with-china-10688568
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