Beijing is readying an opening bid to try to head off greater tariff increases and technology restrictions from the Trump administration—a sign that China is eager to get trade talks going. However, what it is prepared to offer,

President Donald Trump has finally made good on a campaign promise to raise tariffs on Chinese imports – announcing on Saturday duties of 10% on all Chinese goods coming in the country as part of sweeping trade measures that also targeted Mexico and Canada.

Robert Lighthizer, who was the U.S. trade representative in President Trump's first administration, says China poses an existential threat to the United States that must be urgently addressed by Washington.