Trump Says He’ll Decide on Next China Tariffs After G20 Summit

Date: Thursday, June 6, 2019
Source: Sourcing Journal

President Donald Trump said he’ll decide whether to enact tariffs on another $325 billion in Chinese imports after the Group of 20 summit at the end of the month in Japan, where he’s expected to meet with China’s President Xi Jinping.

“I will make that decision after the G20,” Trump told reporters at a meeting with French President Emmanuel Macron in Caen, France, on Thursday. “I’ll be meeting with President Xi and we’ll see what happens but probably planning it sometime after G20.”

U.S. and Chinese negotiators hit an impasse in trade talks last month, which Trump said happened because Beijing reneged on provisions of a tentative deal. He raised tariffs on about $200 billion in Chinese imports to 25 percent in response, and at the time hung out the possibility of further action.

China has blamed the U.S. for the breakdown in talks and vowed to reciprocate for the increased tariffs in various ways.

 

Read from the original source.

BROWSE MORE ARTICLES

E-MAIL TO COLLEAGUE

NOTIFY ME WHEN NEW ARTICLES ARE POSTED

SOUND FAMILIAR? HAVE A SLIGHTLY DIFFERENT ISSUE? CONTACT US