US, China Stake Out Trade Positions Before Trump Visits Beijing
The US vowed to maintain high tariffs on China hours after Beijing warned against any future hikes, as Donald Trump’s sweeping levies return to the spotlight before his meeting with Xi Jinping.
US Trade Representative Jamieson Greer said Wednesday that Trump wants to keep tariffs on China steady at a range of 35% to 50%, while repeating earlier statements that the Supreme Court’s decision to invalidate broad emergency tariffs wouldn’t affect most levies.