Economics
U.S. Putting ‘Trade War’ Against China on Hold, Mnuchin Says
- Treasury secretary says Trump will hold off on tariffs for now
- China agrees to reduce trade surplus with U.S. after talks
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The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said.
“We’re putting the trade war on hold. So right now, we have agreed to put the tariffs on hold while we try to execute the framework,” Mnuchin said on “Fox News Sunday.”