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What to KnowDonald Trump said in the morning today that it was ‘extremely difficult’ to reach an agreement with China’s President Xi Jinping. A senior White House official told CNBC that Trump and Xi are likely to speak this week. Trump signed an executive order that increases the already substantial tariffs from 25% on steel imports that he initially established in March to 50%. The two countries have blamed each other for violating a trade agr…