NPR

Trump Administration Ratchets Up Tariffs, So Far Without Retaliation From China

White House economic adviser Larry Kudlow admitted Sunday that it's U.S. businesses and customers that pay tariffs levied on Chinese goods, in contrast to President Trump's line on the matter.
Chinese Vice Premier Liu He talks with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin as he departs a round of trade talks in Washington on Friday.

The Trump administration imposed new higher tariffs on $200 billion in Chinese goods on Friday morning after trade talks failed to yield a deal. But to the surprise of many, China has yet to retaliate with new tariffs of its own.

Larry Kudlow, Trump's top economic adviser said on Sunday that he is among those expecting a reaction from China. But so far "the expected countermeasures haven't yet materialized," Kudlow on Fox News Sunday. "I reckon they will. We'll see what they come up

You’re reading a preview, subscribe to read more.

More from NPR

NPR4 min read
Who Will Pay To Replace Baltimore's Key Bridge? The Legal Battle Has Already Begun
Workers are still removing pieces of the Key Bridge from Baltimore Harbor, but the fight over who will pay to replace it has already begun. Past accidents offer some clues about how it could play out.
NPR5 min readWorld
Violence Erupts At UCLA As Protests Over Israel's War In Gaza Escalate Across The U.S.
Members of pro-Palestinian and pro-Israel groups in Los Angeles clashed, with reports of fireworks and pepper spray use. Elsewhere, universities are tearing down encampments and arresting students.
NPR3 min read
Duane Eddy, Who Put The Twang In Early Rock Guitar With 'Rebel Rouser', Dies At Age 86
He was a pioneering guitar hero whose reverberating electric sound on instrumentals such as "Rebel Rouser" and "Peter Gunn" influenced George Harrison, Bruce Springsteen and countless other musicians.

Related Books & Audiobooks