World News: 18:37 GMT Sunday 5th May 2019. [Yahoo Business News Feed via SPi World News]
U.S. President Donald Trump on Sunday dramatically increased pressure on China to reach a long-sought trade deal by announcing he will markedly increase U.S. tariffs on certain Chinese goods. Trump had previously delayed the tariff increases earlier in the year, citing productive talks with China. Sunday's announcement casts into doubt previous expectations that China and the United States were closing in on a deal to end a months-long trade war that has slowed global growth and disrupted markets.
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