Trump Threatens More China Tariffs

This is a China news story, published by PBS, that relates primarily to Peter Navarro news.

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additional tariffs

PBS

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US Politics

Trump threatens more tariffs on China after Beijing said it would retaliate

Summary

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67% Informative

NEW: The White House says it will veto a Senate bill that would mandate congressional approval for new tariffs.

The Dow Jones Industrial Average had fallen 750 points, or 2% , on Monday .

The markets briefly reversed in the morning after a false report that Trump was considering a pause in his tariff plans.

If Trump implements his plans, tariffs on imports from China would reach a combined 104% .

White House trade adviser Peter Navarro says countries need to do much more than lower their own tariff rates to reach deals.

Navarro: "Let’s take Vietnam ,” he says, “When they come to us and say, We’ll go to zero tariffs,’ that means nothing to us because it's the non-tariff cheating that matters.” Ackman apologizes for his criticism of Commerce Secretary Howard Lutnick .

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Informative language

Neutral language

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semi-formal

Language

English

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not offensive

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not hateful