Ahead of key talks, Trump says he won't soften on China tariffs

President Donald Trump says the United States has reached a “full and comprehensive agreement with the United Kingdom.” It comes as trade talks between the U.S. and China are set to take place, with Trump saying he would not consider lowering the massive 145% tariffs on China in order to get them to the negotiating table. Meanwhile, the White House is also facing a stark new warning about the possible long-term effects of the tariffs from the Federal Reserve. NBC’s Garrett Haake reports fo