President Donald Trump said July 7 that the United States is benefiting from tariffs imposed on China, as the two countries have resumed talks to resolve an ongoing trade dispute.
Trump and Chinese leader Xi Jinping agreed to restart trade negotiations last month during a meeting held on the sidelines of the G-20 Summit in Japan. As part of the truce, Trump agreed to hold off on imposing threatened tariffs on roughly $300 billion of Chinese goods. However, current U.S. tariffs of 25 percent on $250 billion of Chinese imports, remain in place.
