🇬🇧

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

Wochit - Thursday, 14 June 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

U.S. stock futures and Asian shares fell on Tuesday after U.S. President Donald Trump said he will impose tariffs on an additional $200 billion worth of Chinese...
2 days ago • Reuters

U.S. stock futures dropped and Asian shares are expected to come under renewed pressure on Tuesday after U.S. President Donald Trump said he will impose 10...
2 days ago • Reuters

President Donald Trump on Tuesday threatened further retaliation against China if Beijing targets U.S. agricultural or industrial workers amid a trade dispute,...
1 day ago • Reuters

BEIJING (AP) — China's No. 2 leader has appealed for global support for free trade following tit-for-tat U.S. and Chinese tariff hikes in an escalating battle...
10 hours ago • SeattlePI.com

You might like