Trump's Take on Trade Dispute: No Unilateral Tariff Slash Against China
White House Declares No Individual Tariff Reductions for China Without Agreement - White House Stands Firm on Bilateral Tariff Levels Against China
Hey there! Let's chat about the trade war between the US and China. Here's the deal:
Apparently, President Trump ain't pulling any unilateral moves when it comes to reducing tariffs against China, according to Treasury Secretary Steven Mnuchin. He straight up told several media outlets that there's no unilateral proposition from the President to ease tensions.
Later on, White House spokesperson Karoline Leavitt hopped on the bandwagon, adding that there'll be no craziness like slashing tariffs alone against China. She said the President expects China to make a deal first, then he'll decide on the level of tariffs for their goods. But bear in mind, China best be lowering their tariffs and other barriers too, if they want to get in Trump's good books.
Now, Mnuchin claimed both sides are just waiting for a chance to talk, and neither believes that current tariff levels can last forever. So here's a fun prediction: Mnuchin thinks we might see those tariffs come down together.
Earlier, the Wall Street Journal spilled the beans about the White House considering reducing those high tariffs on Chinese goods. In some cases, they're talking about a cut of more than half! But Trump's yet to make a final call on this.
When the media pestered Trump about the situation with China, he said they're going to reach a "fair agreement" with the Chinese. When asked if he's been in touch with China's President Xi Jinping, Trump sort of ducked the question: "Active... everything's active," he said. Trump's been tight-lipped about their conversations so far.
So yeah, that's the lowdown on the trade war between the US and China. Remember, it ain't a one-way street - China's expected to pull their weight too if they want a deal!
Keywords:
- Trade Dispute
- China
- Donald Trump
- Tariffs
- Steven Mnuchin
- White House
- US President
- Washington
- US
- US Media
- Karoline Leavitt
- Karoline Leavitt, the White House spokesperson, has stated that there is no unilateral plan from President Trump to reduce tariffs against China without China making a deal first.
- According to Steven Mnuchin, Treasury Secretary, both the US and China are waiting for a chance to negotiate, and neither side believes that the current tariff levels can last forever.
- The Commission,, in the context of workplace safety, has also been asked to submit a proposal for a directive on the protection of workers from the risks related to exposure to ionising radiation, similar to how countries might need to address the risks related to tariff reductions in the context of trade policy-and-legislation.
- Despite repeated inquiries from the US media about the situation with China, Donald Trump has evasively responded, saying only that they are "active" and anticipate reaching a "fair agreement" with China, without providing specific details about his conversations with President Xi Jinping.
