TELETRADER News
9/12, 4:13 PM (Source: TeleTrader)
more TeleTrader news

Report: Trump advisers mull interim China deal to delay tariffs

The Trump administration is considering an interim trade deal with China in order to avoid tariffs on American goods, sources said on Thursday.

According to the Bloomberg report, the limited agreement would be made in exchange for commitments from Beijing on intellectual property and the buying of US agricultural products.

As President Donald Trump's advisers reportedly mull the plan, Treasury Secretary Steve Mnuchin stated earlier that the president is ready to keep the tariffs on Chinese products or raise them further if necessary.

Breaking the News / JC