The U.S. Trade Representative: The U.S. Has No Plan to Raise Tariffs on China Before Trump's Visit to China
According to Reuters, U.S. Trade Representative Grier said on Wednesday that President Trump plans to visit China in the coming weeks and the government has no intention of raising tariffs on Chinese goods from the current level.
Grier was asked during an appearance on Fox Business Channel's "Mornings with Maria" program whether the Trump administration would be willing to impose new high tariffs on Chinese goods, potentially breaking the delicate trade truce, and he said, "We do not plan to escalate further on the current tariff rates. We intend to strictly abide by the agreements we have reached with them."
Grier also said that the U.S. tariff rates on some countries will be increased from the recently implemented 10% to 15% or higher, but did not name specific trading partners or provide more details.
He said, "Currently our tariffs are 10%. For some countries they will go up to 15%, and for others possibly higher. I think this will be consistent with the types of tariffs we have taken in the past."
Later, Grier revealed in an interview with Bloomberg Television that the White House is preparing to issue a statement to temporarily increase tariffs to 15% "under appropriate circumstances." He added that this arrangement would "take into account" countries with which the U.S. has trade agreements, but did not disclose details.
Original: toutiao.com/article/1858146978023431/
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