Tariffs on Chinese Goods to Remain in Place for 'Period of Time,' Trump Says
March 20 2019 - 1:41PM
Dow Jones News
By Rebecca Ballhaus
WASHINGTON -- President Trump said Wednesday that his
administration was discussing leaving tariffs in place on Chinese
goods for a "substantial period of time."
Speaking to reporters as he left Washington for Ohio, Mr. Trump
said he was not considering removing tariffs on China.
"We have to make sure that if we do the deal with China, that
China lives by the deal," he said. "Because they've had a lot of
problems living by certain deals, and we have to make sure."
The U.S. has levied tariffs on $250 billion of Chinese goods,
covering about half the value of Chinese exports to the U.S.
Beijing has retaliated with tariffs on $110 billion of U.S. goods,
about 90% of U.S. exports to China.
Mr. Trump added that the deal was "coming along nicely" but that
the U.S. was taking in "billions and billions" from tariffs. "For a
period of time, that will stay," he said.
Negotiators for the U.S. and China have scheduled a new round of
high-level trade talks in Beijing and Washington, aiming to close a
deal by late April to end their yearlong dispute.
Write to Rebecca Ballhaus at Rebecca.Ballhaus@wsj.com
(END) Dow Jones Newswires
March 20, 2019 13:26 ET (17:26 GMT)
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