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US To Maintain China Tariffs Until Phase 2 Deal: Treasury Secretary Steven Mnuchin

US To Maintain China Tariffs Until Phase 2 Deal: Treasury Secretary Steven Mnuchin

Thursday, January 16, 2020, 8:14 AM

The United States will maintain tariffs on Chinese goods until the completion of a second phase of a US-China trade agreement, US Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two-sides are to sign an interim deal. Mnuchin told reporters that President Donald Trump could consider easing tariffs if the world's two largest economies move quickly to seal a follow-up agreement.
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