Trump expected to take 'significant action' against China on trade: official

Trump no longer thought of China’s influence over North Korea as a compelling reason not to impose tariffs


Reuters June 15, 2018
PHOTO REUTERS

WASHINGTON: US President Donald Trump is expected to direct a “pretty significant action” in trade tariffs against China affecting around $50 billion in Chinese goods, an administration official said on Thursday.

US trade officials were meeting at the White House on Thursday afternoon to discuss the issue, with Treasury Secretary Steven Mnuchin arguing against the move, the official said.

Trump proposes $100 billion more in tariffs on China

The official told Reuters that Trump no longer thought of China’s influence over North Korea as a compelling reason not to impose tariffs now that the United States had a direct line of communication with Pyongyang.

“We have a channel that’s independent of China now,” he said.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ

E-Publications

Most Read