Lighthizer Files the Paperwork Hiking China Tariffs to 25 Percent
It’s “game on” for tariffs now that the U.S. Trade Rep has formally filed the paperwork that will raise taxes on Chinese goods.
It’s “game on” for tariffs now that the U.S. Trade Rep has formally filed the paperwork that will raise taxes on Chinese goods.
U.S. Trade Rep Robert Lighthizer said he talks daily to his Chinese counterpart, pushing back on reports that talks may have stalled.
Trump signaled a willingness to let the trade negotiations with China stretch on past the March 1 deadline set in December.
“If we’re close to a deal…I can see myself letting that slide for a little while,” Trump said. “But I’m not inclined to do that.”
The trade truce may wind up with no deal and tariffs going up.
China has finally acknowledged the timeline for trade talks.