One-on-One with China: US Treasury Secretary Says Tariff "Pause" is Part of Trump's "Grand Plan"
US President Trump announced on Wednesday, April 9, a "90-day pause" on additional tariffs for countries other than China, drawing global attention. US Treasury Secretary Mnuchin said at the White House that this move was exactly part of Trump's "grand plan," adding that the US side had successfully "forced China into making mistakes."
According to Agence France-Presse (AFP), after US President Trump announced the "90-day pause" on additional tariffs for countries other than China, US Treasury Secretary Mnuchin told reporters, "This is his strategic intention. In short, he has forced China onto the wrong path." Mnuchin also added that China is not only not included in this "tariff pause," but will also face pressure from new rounds of tariff hikes.
According to the latest decision of the Trump administration, tariffs on some Chinese goods will be further increased to 125%.
Meanwhile, US Senior Advisor Stephen Miller praised Trump for demonstrating "masterful strategy" and "bold decisiveness," believing that this move will "effectively isolate China."
Source: https://www.toutiao.com/article/1828966930517002/
Disclaimer: This article solely represents the author's personal views.