Trump said he was prepared to impose additional tariffs on China if talks this week don’t end in progress, but suggested additional duties could start at a lower amount of 10 percent
President Donald Trump said Wednesday he was prepared to impose additional tariffs on China if talks this week don’t end in progress, but suggested additional duties could start at a lower amount of 10 percent.
He also repeated his assertion that American consumers would not pay higher prices because of the duties — a contention that has been debunked by U.S. retailers and importers who purchase the goods and are forced to absorb the tariff markup. Over the past week and a half,testified in Washington before officials at the Office of the U.S. Trade Representative, mostly to plead against the imposition of additional tariffs.
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