President Donald Trump has again warned that the U.S. could hit China with tariffs on another $325 billion in goods.
"We have a long way to go as far as tariffs, where China is concerned," Trump said during a Cabinet meeting Tuesday. "We have another $325 billion that we can put a tariff on if we want."
As for China's pledge to buy U.S. ag products that Trump touted at the G20 summit in Osaka, Trump stated, "They are supposed to be buying farm products. Let's see whether or not they do."
From China, Foreign Ministry spokesman Geng Shuang told reporters that U.S. and Chinese negotiating teams have stayed in contact, labeling cooperation on trade with the U.S. as a mutually beneficial situation.