If the U.S. and China can’t agree on a deal for economic structural reforms in China by the end of March 1, 10 percent tariffs will climb to 25 percent.
Starting Tuesday, the U.S. is hosting an official Chinese delegation for trade meetings, with principal-level meetings to start Thursday, the White House announced Monday night.
U.S. Trade Representative Robert Lighthizer will lead the U.S. in the principal-level meetings, which also will include Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, National Economic Council Director Larry Kudlow and Assistant to the President for Trade and Manufacturing Peter Navarro.
If the U.S. and China can’t agree on a deal for economic structural reforms in China by the end of March 1, 10 percent tariffs across $200 billion worth of goods from China will climb to 25 percent on March 2, unless the sides agree to continue engagement and postpone the tariff raise.
U.S. hosting Chinese officials for more trade talks
