White House Press Secretary Sarah Sanders wouldn’t say Monday whether the Trump administration will slap additional tariffs on Chinese goods if talks between the two leaders don't go well at the G20 summit.

"I'm not going to get ahead of the President's meeting and I hope it goes well,” Sanders told reporters at a briefing, amid reports the administration is poised to launch a third round of tariffs on $267 billion of goods in early December.

“We’ll see what happens,” said Sanders. “We’re not going to get head of those conversations.”

Why this matters: The administration has already imposed 25% tariffs on $50 billion worth of Chinese goods. Trump has said the tariffs are necessary to punish Beijing for what he says are its unfair trade practices and intellectual property theft.

China, which has accused the United States of trade bullying, has matched the tariffs dollar for dollar.

Many American business owners say the tariffs are hurting their companies. They have to decide whether to pay the tariff on an imported good or find a new supplier outside China.

Yet another round of tariffs on $267 billion in goods would bring the total imports from China subject to tariffs to more than $500 billion. That's roughly the same as the $505 billion in goods that the US imported from China last year.