Tariff Carve-Outs Underscore Weak U.S. Position

Will Tariff Carve-Outs Reawaken Swamp?

Tariff Carve-Outs Underscore Weak U.S. Position

“The White House says it has the upper hand in its trade war with China. Its actions suggest otherwise,” Politico reports. “Top administration officials spent the weekend trying to defend a carve-out of consumer electronics from the astronomical 145 percent tariffs it levied on China last week. The carve-out was neither an exemption nor a policy rollback, the White House argued, because those electronics are still subject to a separate 20 percen…

POLITICO Pro: Tariff carve-outs underscore weak US position in China trade war: ‘This is going to get really ugly’

With its electronics exceptions, the United States has demonstrated that it is more willing to bend than the Chinese.