Home US VP Pence: US could double tariffs on China – Reuters News
FXStreet News

US VP Pence: US could double tariffs on China – Reuters News

The United States will not back down from its trade tiff with China, and might even double its tariffs, unless Beijing bows to US demands, Vice President Mike Pence said on Saturday, according to Reuters.

Key quotes

  • We have taken decisive action to address our imbalance with China.
  • We put tariffs on $250 billion in Chinese goods, and we could more than double that number.
  • The United States, though, will not change course until China changes its ways.
  • China has taken advantage of the United States for many years. Those days are over.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.