U.S. moves toward new tariffs on China via two-track approach by Trump
- 6 years ago
The Trump administration is moving closer to levying tariffs on nearly half of ALL Chinese imports.
This,... despite a fresh round of trade talks that are set to start between the two countries.
Sources say President Trump wants a two-track approach of pursuing tariffs on 200-billion dollars of Chinese goods,... while relaunching talks to scrap the tariffs.
Observers say the approach reflects a split in the administration on how to deal with Beijing.
The two sides will try to revive trade negotiations in Washington on Wednesday local time, but neither side is optimistic the meeting can succeed where three earlier rounds failed.
This,... despite a fresh round of trade talks that are set to start between the two countries.
Sources say President Trump wants a two-track approach of pursuing tariffs on 200-billion dollars of Chinese goods,... while relaunching talks to scrap the tariffs.
Observers say the approach reflects a split in the administration on how to deal with Beijing.
The two sides will try to revive trade negotiations in Washington on Wednesday local time, but neither side is optimistic the meeting can succeed where three earlier rounds failed.