Trump reportedly wants to push forward with tariffs on $200 billion of Chinese goods despite new trade talks

President Donald Trump wants to move forward with tariffs on $200 billion worth of Chinese goods despite new overtures to the Chinese from the Treasury Department.

According to Bloomberg, the president instructed aides to move forward with the tariffs despite a recent Treasury letter to Chinese officials requesting a new round of trade talks.

The final imposition of the tariffs has been delayed because the US Trade Representative has been tweaking the final list of goods to which the tariffs would apply.

Trump has also threatened to impose tariffs on an additional $267 billion worth of Chinese goods, which would mean all Chinese imports to the US would be subject to duties.

In response to the report, US stocks indexes fell, with the Dow Jones industrial average falling 35 points, nearly 100 points from its high on the day.