Trump set to talk with Xi Jinping as China tariffs loom

Mexico and Canada spared from duties for a month to negotiate on border

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U.S. President Donald Trump speaks to reporters as he signs a document at the White House on Feb. 3. © Reuters

PAK YIU and JACK STONE TRUITT

NEW YORK -- The U.S. will pause tariffs on Mexico and Canada for a month while the countries negotiate on border security, but President Donald Trump warned that tariffs on China will go up if his administration cannot reach a deal with Beijing to rebalance trade and fight fentanyl trafficking.

Trump told reporters in the Oval Office Monday that his initial tariffs on Chinese imports will be an "opening salvo."

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