By Jeff Mason, David Lawder and Andrea Shalal
By Jeff Mason, David Lawder and Andrea Shalal
WASHINGTON, Dec 11 (Reuters) – U.S. President Donald Trump is anticipated to fulfill with prime commerce advisers on Thursday to debate deliberate Dec. 15 tariffs on some $160 billion in Chinese language items, three sources aware of the plans mentioned, as markets braced for potential unfavorable impacts.
Officers circulated speaking factors downplaying the repercussions such a tariff hike would have on the U.S. economic system forward of Trump’s assembly with Commerce Consultant Robert Lighthizer, Treasury Secretary Steven Mnuchin, and White Home advisers Larry Kudlow and Peter Navarro.
The senior commerce advisers are anticipated to current divergent views through the high-stakes assembly, however the ultimate determination can be as much as Trump, the sources mentioned.
A call to maneuver forward with the December tariffs may roil monetary markets and scuttle U.S.-China talks to finish the 17-month-long commerce conflict between the world’s two largest economies for the rest of Trump’s time period.
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