Advisor Trump: no sign postponement of tariff implementation
The White House Trade Adviser, Peter Navarro, has no evidence that President Donald Trump will abandon new trade rates against China. New taxes on imports of more than $ 160 billion worth of Chinese goods should enter into force on Sunday, but initiates reported that negotiations are underway for deferment.
“The choice is up to Trump,” Navarro said in an interview with TV channel Fox. “But I see no signs other than that Trump wants to close a good deal and set import tariffs,” said the head of the US government advisory board for trade.
According to the economist, import duties have done much good for the American economy, a position that few other economists share with him.
China and the United States have been working towards a partial trade deal for weeks, after which a broader trade agreement can be negotiated. The approaching deadline for extra trade rates is hanging over the talks about that ‘phase 1 deal’ like a dark cloud.