• Tuesday, July 23, 2019

Trump mulling 60-day delay for China tariff deadline

Discussion in 'World Affairs' started by beijingwalker, Feb 14, 2019.

  1. beijingwalker

    beijingwalker ELITE MEMBER

    Messages:
    20,949
    Joined:
    Nov 4, 2011
    Ratings:
    +13 / 36,932 / -7
    Country:
    China
    Location:
    China
    Trump mulling 60-day delay for China tariff deadline
    BY OWEN DAUGHERTY - 02/13/19 11:45 PM EST

    President Trump is reportedly mulling a 60-day extension for the deadline to impose higher tariffs on Chinese imports, Bloomberg News reported Wednesday.

    Sources familiar with the matter told Bloomberg that Trump said he was considering pushing back the March 1 deadline for raising tariffs on $200 billion worth of Chinese imports if the two countries could negotiate a deal over changes to China's economic policies.

    The Hill has reached out to the White House for comment.

    The development comes one day after Trump said he was open to extending trade talks with the country, signaling the two sides are getting closer to settling long-standing trade disputes.

    China is set to see tariffs more than double on $200 billion of its goods if Beijing and Washington do not reach an agreement by the March 1 deadline.

    Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer are currently in Beijing continuing trade negotiations with Chinese officials.

    Trump said this week he and Chinese President Xi Jinping would need to meet in person before signing an agreement that would put an end to the ongoing trade war.

    https://thehill.com/policy/finance/...-day-extension-for-tariff-deadline-with-china
     
    • Thanks Thanks x 2
  2. beijingwalker

    beijingwalker ELITE MEMBER

    Messages:
    20,949
    Joined:
    Nov 4, 2011
    Ratings:
    +13 / 36,932 / -7
    Country:
    China
    Location:
    China
    Trump now seems to be struggling to try to find himself a way out of this dilemma.
     
    • Thanks Thanks x 1
  3. khansaheeb

    khansaheeb SENIOR MEMBER

    Messages:
    5,000
    Joined:
    Dec 14, 2008
    Ratings:
    +2 / 5,173 / -1
    Country:
    Pakistan
    Location:
    United Kingdom
    upload_2019-2-13_23-24-33.png
     
  4. oprih

    oprih SENIOR MEMBER

    Messages:
    2,737
    Joined:
    Dec 21, 2015
    Ratings:
    +0 / 5,717 / -24
    Country:
    Philippines
    Location:
    Philippines
    After receiving multiple bitchslaps, trump needs a short break.