Trump ups China trade war ante with $325bn in goods under threat

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White House makes sudden u-turn on tariff truce, upsetting calm in financial markets.

President Donald Trump ended the spring truce in the U.S.-China trade war this weekend, with  threat to go forward with higher tariffs on $200 billion of Chinese imports.

He also upped the ante with a promise to add tariffs on another $325 billion in goods to the list, by the end of the week.