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Trump’s trade team says China backtracked

President Trump’s top economic advisers have accused China of reneging on commitments to resolve the trade war and threatened retaliation, Ana Swanson and Keith Bradsher of the NYT write.

• Steven Mnuchin, the Treasury secretary, and Robert Lighthizer, Mr. Trump’s chief trade adviser, were “dismayed by China’s refusal to mention commitments it had made to update various Chinese laws in the final text of the trade agreement” during trade talks last week.

• “We’re moving backwards instead of forwards,” Mr. Lighthizer told reporters on Monday. “Over the last week or so, we have seen an erosion in commitments by China,” he added. “In the president’s view that’s not acceptable.”

• President Trump, confident that the U.S. economy can handle a continuation of the trade war, will increase tariffs on $200 billion worth of Chinese goods on Friday morning, they said.