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U.S. weighs lifting China trade tariffs--sources
*DJ U.S. WEIGHS LIFTING CHINA TRADE TARIFFS--SOURCES
— *Walter Bloomberg (@DeItaone) January 17, 2019
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*DJ MNUCHIN SUGGESTS NEW GAMBIT TO BREAK STALEMATE--SOURCES
— *Walter Bloomberg (@DeItaone) January 17, 2019
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US weighs lifting trade tariffs against China: DJ, citing sources
The U.S. reportedly is considering lifting tariffs on Chinese imports to give Beijing a reason to make deeper concessions in ongoing trade talks between the two countries. Treasury Secretary Steven Mnuchin proposed lifting all or some of the tariffs, The Wall Street Journal reported on Thursday, citing people close to the matter. The goal is to push forward trade talks and get China's support for longer-term reform. U.S. Trade Representative Robert Lighthizer, however, is resisting the idea, worried that it could be considered a sign of weakness, the sources said. Stocks reacted swiftly to the report, bouncing higher ... (full story)
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