WASHINGTON—Confidence about the U.S. economy has emboldened President Donald Trump to take a tougher stance on China, raising tariffs on May 10 to span $200 billion worth of Chinese imports. Trump in a May 13 series of tweets warned, “China will be hurt very badly if you don’t make a deal.”
Tensions escalated between the United States and China the week of May 6 as Beijing backtracked on delivering key structural reforms and Trump raised tariffs on Chinese imports. A two-day meeting on May 9 and 10 between the U.S. and Chinese delegates in Washington yielded no trade agreement amid the rising dispute.
