US tariffs on China on Nov 1 depend on Beijing's actions, USTR Greer tells CNBC
US Trade Representative Jamieson Greer said new tariffs depend on China’s actions amid rare earth export controls, with talks ongoing and a potential tariff start on Nov 1.
- US Trade Representative Jamieson Greer stated that whether 100 percent tariffs on Chinese exports will begin on Nov 1 depends on China's actions, acknowledging challenges for Beijing to find a solution.
- The International Monetary Fund warned that an escalation in the US-China trade war could hinder global economic output and raise inflation.
- Greer indicated that there is still hope for communication between US President Donald Trump and Chinese President Xi Jinping, emphasizing the need for cooperation and a change in China's current policies.
- Greer mentioned that US and Chinese officials met for staff-level talks in Washington on Oct 13 to potentially resolve a dispute over critical minerals restrictions.
14 Articles
14 Articles
Trade Rep Says Trump May Fast-Track 100 Percent Tariff If China Escalates Rare Earth Fight
U.S. Trade Representative Jamieson Greer said President Donald Trump may still follow through with a threatened new 100 percent tariff on Chinese goods on Nov. 1—or even sooner—depending on Beijing’s next move in an escalating trade dispute over rare earth mineral supplies. “A lot depends on what the Chinese do,” Greer told CNBC in an Oct. 14 interview. “They are the ones who have chosen to make this major escalation.” Greer’s remarks came amid …
US tariffs on China from Nov 1 depend on Beijing’s actions, says trade chief
WASHINGTON: US Trade Representative Jamieson Greer said on Tuesday (Oct 14) that whether additional 100 per cent tariffs on Chinese exports take effect on Nov 1 or sooner depends on Beijing’s next moves
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