Trump Signals He's Ready to Move on China Tariffs

President Donald Trump instructed aides to proceed with tariffs on about $200 billion more in Chinese products despite his Treasury Secretary’s attempt to restart talks with Beijing to resolve the trade war, according to Bloomberg.The president also tweeted early Monday, "Tariffs have put the U.S. in a very strong bargaining position, with Billions of Dollars, and Jobs, flowing into our Country - and yet cost increases have thus far been almost unnoticeable. If countries will not make fair deals with us, they will be “Tariffed!”An announcement is now expected at the beginning of this week. Trump previously threatened a third tranche of tariffs on another $267 billion of Chinese imports, which would mean levying duties on nearly everything China exports to the U.S.Trump said those tariffs were “ready to go on short notice,” but the administration has not published a list for public comment.Meanwhile, on Wednesday, the U.S. Trade Representative’s office holds a meeting on a request for comments and a public hearing on China’s compliance with WTO commitments. On Friday, China is expected to ask the WTO for permission to retaliate against the U.S. due to its failure to modify its various anti-dumping methodologies.A WTO arbitrator this year determined U.S. must comply with 2017 ruling that found certain aspects of U.S. anti-dumping regime to be illegal. The U.S. acknowledged on Aug. 27 that it hadn’t fully complied with the ruling, and said it "continued to consult with interested parties on options to address the recommendations" of the dispute settlement body.