close [X]
March 20, 2019 | CNBC
print-button

Trump: China Tariffs Could Stay in Place for ‘Substantial’ Amount of Time

Trade talks will restart next week when top U.S. officials head to Beijing

Trump: China Tariffs Could Stay in Place for 'Substantial' Amount of Time

According to a report at CNBC, President Trump said Wednesday that his administration’s tariffs on Chinese imports could stay in place indefinitely until Beijing complies with a still-developing trade deal — which the president said “is coming along nicely.”

The president’s comments come amid conflicting reports about how close the world’s two largest economies are to reaching a deal and just what China is willing to concede in talks.

Negotiations will restart next week when U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin travel to Beijing.

More Articles