U.S. tariffs on China won't change again, Lutnick says after trade talks
- Commerce Secretary Howard Lutnick assured that U.S. tariffs on China will remain unchanged after trade talks in London.
- President Donald Trump stated that U.S. duties on China will total 55%, but a White House official clarified this figure is not new.
- Lutnick noted uncertainties regarding temporary licenses issued by China for U.S. companies to import rare earth minerals, raising supply chain concerns.
- Trump claimed that the trade deal is 'done' and mentioned cooperation with President Xi Jinping to enhance American trade with China.
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Lutnick says U.S. won't touch China tariffs going forward
·United States
Read Full ArticleCommerce Secretary Lutnick says US tariff levels on China won’t change after deal
U.S. Commerce Secretary Howard Lutnick said on Wednesday that the 55% tariffs imposed by the United States on China will not change after a trade deal was struck between the two countries. Read more at straitstimes.com.
·Singapore
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Total News Sources20
Leaning Left5Leaning Right3Center4Last UpdatedBias Distribution42% Left
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- 42% of the sources lean Left
42% Left
L 42%
C 33%
R 25%
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