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. “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. 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.

Source: CNN October 29, 2018 17:47 UTC