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
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.
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.