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

Credit: Wochit
Published on June 14, 2018 - Duration: 00:35s

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 from verified sources

BRUSSELS (AP) — European Commission President Jean-Claude Juncker is playing down trans-Atlantic trade tensions after U.S. Commerce Secretary Wilbur Ross...
3 days ago • Seattle Times

Higher U.S. tariffs on Japanese car exports are less likely now the two nations agreed to start new trade talks, economists said, but most think U.S. trade...
6 days ago • Reuters

China's trade surplus with the U.S. was up in September to a new high of $34.1 billion. Tariffs imposed by the Trump administration are not having the desired...
1 week ago • NPR

China and the EU have joined a group of countries asking the World Trade Organisation to investigate the Trump administration’s decision to impose metals...
3 days ago • S.China Morning Post

You might like