The Latest: Trump threatens more action in China trade fight

WASHINGTON (AP) — The Latest on the tariffs battle between China and the United States (all times local):

2:35 p.m.

President Donald Trump says he's going to take further action to help the nation's farmers in the midst of an escalating trade war with China.

Trump is telling reporters that China has been taking advantage of the U.S. for many years, hours after China announced increased tariffs on $60 billion in U.S. goods.

The move comes after Trump pushed up tariffs on $200 billion in Chinese imports from 10% to 25% Friday — the same day U.S.-China negotiations trade ended without a breakthrough or any specific plan for further talks.

Trump says as he meets with Hungary's Viktor Orban that U.S. farmers are going to be "very happy" with is plan.

He also says he'll meet with Chinese President Xi Jinping and Russia's Vladimir Putin at the upcoming G-20 summit in Osaka, Japan.

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1:37 p.m.

Soybean farmers are growing frustrated by the lack of progress in trade talks between the U.S. and China.

In a prepared statement Monday, the American Soybean Association said the U.S. has met with Beijing 11 times with no deal being reached. Davie Stephens, a soybean grower from Kentucky and president of the ASA, said, "What that means for soybean growers is that we're losing. Losing a valuable market, losing stable pricing, losing an opportunity to support our families and our communities."

John Heisdorffer, ASA chairman and a soy grower in Iowa, said the industry cannot withstand another year. He says, "The sentiment out in farm country is getting grimmer by the day. Our patience is waning, our finances are suffering, and the stress from months of living with the consequences of these tariffs is mounting."

Last July, Trump began gradually slapping tariffs on Chinese imports....