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Monthly Archive for: ‘May, 2018’

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New Tariffs on China “On Hold” after progress in Trade Talks

The Trump administration is “putting the trade war on hold” after the two sides agreed on a framework for progress on trade issues during talks held May 17-18 in Washington, D.C., according to Treasury Secretary Steve Mnuchin. Specifically, the White House will suspend plans to levy an additional 25 percent tariff on $50 billion worth of imports from China in response to a Section 301 investigation concluding that Beijing is coercing U.S. companies into transferring their technology...