Economics

Trump Asks China to Immediately Remove Agricultural Tariffs

  • U.S. has been planning trade deal meeting for Trump and Xi
  • Trump cites progress in talks in making demand on tariffs
Investors Are Underestimating Positive Impact of a U.S.-China Deal, Peter Tchir Says
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President Donald Trump said he has asked China to immediately remove all tariffs on U.S. agriculture, including beef and pork, citing progress in trade talks between the two nations.

In making the demand, Trump noted in a tweet Friday that he refrained from increasing U.S. tariffs on Chinese goods to 25 percent from 10 percent on March 1, as he said he would in the absence of progress toward an agreement. Faxes and phone calls to China’s ministries of commerce and foreign affairs, and the office in charge of trade talks, went unanswered Saturday outside office hours.