- White House economic adviser Larry Kudlow said Monday announcements on Chinese tariffs would likely be "coming soon."
- The US and China had been considering holding high-level trade talks next week.
- China said it would pull out of those talks and retaliate if the Trump administration imposes additional tariffs.
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Trump's top economic adviser says announcements on more Chinese tariffs are 'coming soon'
Top White House Economic Adviser Larry Kudlow said Monday that announcements regarding another round of tariffs on Chinese imports would likely be "coming soon," raising concerns for a major escalation in a trade battle between the world's two largest economies.
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