The Latest: US says higher tariffs on China to hit on Friday

The Latest: US says higher tariffs on China will take effect Friday; trade talks to resume Thursday

ByAssociated Press
May 06, 2019, 5:27 PM
A man looks at his smartphone near a display showing stock prices at a brokerage house in Shanghai Monday, May 6, 2019. China's benchmark Shanghai Composite index dives on U.S. President Donald Trump threat of more China tariffs. At right is a reflec
A man looks at his smartphone near a display showing stock prices at a brokerage house in Shanghai Monday, May 6, 2019. China's benchmark Shanghai Composite index dives on U.S. President Donald Trump threat of more China tariffs. At right is a reflection off a display board. (AP Photo)
The Associated Press

WASHINGTON -- The Latest on the U.S.-China trade talks (all times local):

———

5:15 p.m.

U.S. Trade Representative Robert Lighthizer says the higher tariffs on China that President Donald Trump threatened over the weekend will take effect at 12:01 a.m. Eastern time Friday.

Lighthizer adds that trade negotiations with the Chinese will resume on Thursday in Washington.

In a briefing with reporters, Lighthizer accused Beijing of "reneging on prior commitments" after 10 rounds of high-stakes negotiations over China's aggressive drive to supplant American technological dominance.

ABC News Live

ABC News Live

24/7 coverage of breaking news and live events