HomeLive CommentsUS Navarro: No indication of delay on tariffs on China

US Navarro: No indication of delay on tariffs on China

There were rumors that US would delay the December 15 tranche of tariffs on USD 160B of Chinese imports, essentially all untaxed goods. But such speculations are so far not backed by comments from officials formally.

White House Trade Adviser Peter Navarro said Tuesday that “it’s the president’s decision”. And, “I’ve got no indication that he’s going to do anything other than have a great deal or put the tariffs on.” He added, it’s up to Chinese as to wether to get a great deal. “Either way we’re going to be in a great place … The president loves them (the tariffs),”

White House National Economic Council head Larry Kudlow warned that tariff increase remains in play for now. “The reality is that those tariffs are still on the table,” even though President Donald Trump has struck a “constructive and optimistic tone” on the progress.

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