As reported by Reuters citing unnamed sources within the White House administration, President Trump’s trade team will be looking to impose tariffs on the remainder of China’ made domestic goods if the Chinese don’t succumb to Trump’s oft-tweeted trade desires,
Key quotes
“The United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war, Bloomberg reported on Monday, citing unnamed sources.
A person familiar with the administration’s tariff deliberations told Reuters that there could soon be movement toward a new round of tariffs, adding “the wheels are turning” in that direction, with no further elaboration.
Trump has long threatened to impose tariffs on all remaining Chinese imports into the United States, which exceed $257 billion, if Beijing fails to meet U.S. demands for sweeping changes to Chinese trade, technology transfer and industrial subsidy policies.
Asked about a new tariff announcement, White House Press Secretary Sarah Sanders told a briefing: “I’m not going to get ahead of the president’s meeting, and I hope it goes well.” Another White House spokeswoman said there was “nothing new at this time” regarding tariffs on Chinese goods.”
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