Trump Plans To Take 'Significant Action' In Trade Tariffs Against China

Wochit - June 14, 2018
U.S.

President Donald Trump is expected to direct a “pretty significant action” in trade tariffs against China, according to Reuters.

The tariffs affect around $50 billion in Chinese goods. U.S.

trade officials were meeting at the White House on Thursday afternoon to discuss the issue.

Officials said Treasury Secretary Steven Mnuchin has argued against the move.

Since meeting with Kim Jong Un, Trump reportedly no longer thinks of China’s influence over North Korea as a compelling reason not to impose tariffs..

Advertisement

Recent related news

Turkey's trade minister on Friday implored U.S. President Donald Trump to return to the negotiating table on tariffs, saying the trade rift between the NATO...
4 days ago • Reuters

Will tariffs impact Morrisville's ChannelAdvisor, The Morrisville software firm works with e-retailers across the globe, including in China, where a trade war...
5 days ago • bizjournals

U.S. President Donald Trump tweeted Friday he has authorized the doubling of steel and aluminum tariffs on Turkey as a continuing diplomatic dispute between the...
5 days ago • WorldNews

SAN FRANCISCO (AP) — The prices of headphones, speakers, high-tech lighting and internet service could all go up if the U.S. trade war with China continues....
1 week ago • SeattlePI.com

You might like