Trade Talks: Chinese Officials and Tariffs Mnuchin

trade talks: If not, as the President said, we'll move on with tariffs, according to CNN. Mnuchin, in his remarks reported by the newspaper, said he blamed Chinese officials for the collapse of trade talks with the US last month. If they want to come back to the table and complete the deal on the terms that we were continuing to negotiate, that would be great, Mnuchin said, according to the Times. Trade negotiations have been indefinitely suspended since President Donald Trump escalated tariffs on all Chinese imports over Beijing's failure to keep previously held commitments as part of a trade deal. China finds new ways to pressure Trump amid trade impasse There's no question where we are now, that this is a result of them backtracking on significant commitments, Mnuchin said. China has responded with its own set of penalties on US goods, which went into effect last week. (news.financializer.com). As reported in the news.

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