President Trump said Sunday he plans to hike up tariffs on $200 billion of Chinese goods at the end of this week, raising the current rate from 10% to 25%. He also threatened to impose new tariffs on another $325 billion of Chinese products. Trump’s comments come ahead of a new round of trade talks between China and the U.S. and after a temporary truce on a trade war between the two countries. The Wall Street Journal reported China was reconsidering its participation in the talks following Trump’s renewed threats. The talks are expected to begin on Wednesday.