Sunday , June 20 2021

U.S. Weighs Leading China's Tariffs to Accelerate Business, Quiet Markets

US officials are debating tariff readjustment on Chinese imports as a way to calm markets and encourage Beijing to make deeper concessions in a trade battle that has shaken global economies.

The idea of ​​raising some or all of the tariffs was proposed by Treasury Secretary Steven Mnuchin at a series of strategy meetings, according to people close to internal deliberations. They say the aim is to advance trade negotiations and win China's support for long-term reforms.

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