STREAMING NOW: Watch Now

Trump asks aides to press ahead with $200 billion in tariffs on Chinese goods

President Donald Trump is urging his administration to move ahead with slapping tariffs on ...

Posted: Sep. 16, 2018 10:04 AM
Updated: Sep. 16, 2018 10:04 AM

President Donald Trump is urging his administration to move ahead with slapping tariffs on $200 billion of Chinese goods, according to a person familiar with the plans.

The timing of an announcement remains unclear.

Asia

Business figures

Business, economy and trade

China

Continents and regions

Donald Trump

East Asia

Economic policy

Economy and economic indicators

Government and public administration

Government bodies and offices

International trade

International trade law

North America

Political Figures - US

Steven Mnuchin

Tariffs and customs

The Americas

Trade and development

Trade regulation and policy

Trade wars

United States

US federal government

White House

Trump met with top aides earlier this week on the tariff issue and directed aides to proceed with plan.

"The President has been clear that he and his administration will continue to take action to address China's unfair trade practices," said Lindsay Walters, a White House spokeswoman. "We encourage China to address the long standing concerns raised by the Unites States."

Representatives from Commerce and USTR could not be immediately reached for comment on the status of the administration's plan.

The president took to Twitter on Thursday saying he had the upper hand in the trade war with China.

"We are under no pressure to make a deal with China, they are under pressure to make a deal with us," Trump tweeted.

The threat came as Treasury Secretary Steven Mnuchin has been working to break a stalemate between the two countries in the hopes of ending the escalating trade war between the world's biggest economies.

This week, Mnuchin extended an invitation to China to resume talks before the newest round of tariffs are imposed.

Trump's top economic adviser, Larry Kudlow, said Wednesday on Fox Business that the US government had received information that "the top of the Chinese government wished to pursue talks" prompting Mnuchin to send an invitation.

China welcomed the offer, saying that both governments were discussing details for a new round of negotiations.

"The escalation of trade conflicts doesn't benefit either side's interests," Chinese Commerce Ministry spokesman Gao Feng said Thursday.

A Treasury spokesman declined to comment.

The next round of US tariffs on Chinese goods is likely to make thousands of products, including dishwashers, Fitbit fitness trackers and food seasonings, more expensive for American consumers.

The Trump administration has already imposed 25% tariffs on $50 billion worth of Chinese goods. Trump has said the tariffs are necessary to punish Beijing for what he says are its unfair trade practices and intellectual property theft.

China, which has accused the United States of trade bullying, has matched the tariffs dollar for dollar. Beijing has pledged to hit back again with tariffs on another $60 billion of US exports, including meat, coffee, furniture and auto parts.

Trade negotiations last month involving lower level officials from the two countries ended without any breakthroughs. A previous series of negotiations that included Mnuchin, Kudlow and other top economic officials fell apart as Trump pressed ahead with tariffs.

The comment period on the administration's proposal to impose $200 billion in tariffs ended earlier this month, and it's been unclear what revisions to the plan will be made.

Trump has also threatened another round of tariffs on $267 billion of Chinese goods. If imposed, those tariffs would bring the total imports from China subject to penalties to more than $500 billion. That's roughly the same as the $505 billion in good that the US imported from China last year.

-- CNN's Jethro Mullen contributed to this report

Article Comments

Terre Haute
Overcast
37° wxIcon
Hi: 40° Lo: 28°
Feels Like: 33°
Robinson
Overcast
37° wxIcon
Hi: 40° Lo: 27°
Feels Like: 34°
Indianapolis
Overcast
35° wxIcon
Hi: 40° Lo: 30°
Feels Like: 29°
Rockville
Overcast
37° wxIcon
Hi: 38° Lo: 26°
Feels Like: 33°
Casey
Overcast
34° wxIcon
Hi: 38° Lo: 26°
Feels Like: 29°
Brazil
Overcast
37° wxIcon
Hi: 39° Lo: 27°
Feels Like: 33°
Marshall
Overcast
37° wxIcon
Hi: 39° Lo: 27°
Feels Like: 33°
Continued clouds, rain possible
WTHI Planner
WTHI Temps

Latest Video

Image

Sunday Night Weather Update

Image

Sycamores snubbed by FCS committee

Image

Text Scam

Image

Sunday Morning Weather Update

Image

Saturday Night Weather Update

Image

News 10 Saturday Morning Weather Update

Image

National Adoption Day

Image

Ty Thompson

Image

North Vermillion

Image

Kevin has your weekend forecast

WTHI Events