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
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.