Economics

Trump Says Tariffs Will Stay Until China Complies With Deal

  • U.S. wants to leave duties for ‘substantial’ period: Trump
  • President dashes hopes that deal could see rollback of tariffs
Bloomberg’s Tom Mackenzie reports on President Donald Trump’s stance on tariffs on Chinese goods.(Source: Bloomberg)
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President Donald Trump said he’ll keep tariffs on China until he’s sure Beijing is complying with any trade deal, refuting expectations that the two nations will agree to roll back duties as part of a lasting truce to their trade war.

“We’re not talking about removing them, we’re talking about leaving them for a substantial period of time, because we have to make sure that if we do the deal with China that China lives by the deal,” Trump told reporters at the White House Wednesday before leaving for Ohio. “They’ve had a lot of problems living by certain deals.”