TRUMP AP­PROVES PLAN TO IM­POSE CHINA TAR­IFFS

The Day - - WORLD & NATION -

Wash­ing­ton — Pres­i­dent Don­ald Trump has ap­proved a plan to im­pose pun­ish­ing tar­iffs on tens of bil­lions of dol­lars of Chi­nese goods as early as to­day, a move that could put his trade poli­cies on a col­li­sion course with his push to rid the Korean Penin­sula of nu­clear weapons. Trump has long vowed to ful­fill his cam­paign pledge to clamp down on what he con­sid­ers un­fair Chi­nese trad­ing prac­tices. But his calls for bil­lions in tar­iffs could com­pli­cate his ef­forts to main­tain China’s sup­port in his ne­go­ti­a­tions with North Korea. Trump met with sev­eral Cab­i­net mem­bers and trade ad­vis­ers and was ex­pected to im­pose tar­iffs of at least $35 bil­lion to $40 bil­lion on Chi­nese im­ports, ac­cord­ing to an in­dus­try of­fi­cial and an ad­min­is­tra­tion of­fi­cial fa­mil­iar with the plans.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.