US-China trade friction could be ugly until after election
2018-09-15 10:09:35 source:CNBC
September 15, 2018
No real improvement in the trade tensions between the U.S. and China is expected until after mid-term elections.
Even with U.S. officials seeking talks with China,President Donald Trump reportedly wants to put tariffs on $200 billion in Chinese goods, and has told aides to go ahead with them, according to Bloomberg, quoting unnamed sources. Treasury Secretary Steven Mnuchin is spearheading the effort to reignite talks.
The White House said later Friday that the administration will continue to take action on trade and it encouraged China to address U.S. concerns.
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