The US reportedly wants to put automatic tariffs in place to keep China in line with any trade deal
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The US reportedly wants to put automatic tariffs in place to keep China in line with any trade deal

The trade deal U.S. negotiators are seeking will have some teeth in case China goes back on its trade promises, as it has in the past, The New York Times reported. A top priority for Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, who are set to hold talks this week with Vice Premier Liu He,…

Op-Ed by Commerce Secretary Wilbur L. Ross: Trade Reciprocity Needed Now
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Op-Ed by Commerce Secretary Wilbur L. Ross: Trade Reciprocity Needed Now

Americans live in a world where other countries impose high tariffs and non-tariff barriers to trade. U.S. exporters face enormous obstacles in foreign markets, and yet, we maintain the most free and open market of any major country in the world. We have zero tariffs on 61 percent of the total value of our imports, more…