US Treasury Secretary: We are going to proceed with our tariffs

The Trump administration is all set to impose tariffs on up to $60 billion in Chinese goods despite threats of retaliation from the world's second-largest economy. "We are going to proceed with our tariffs. We're working on that," Mnuchin told Fox News Sunday. 

Key quotes (Source: Reuters)

"We are not afraid of a trade war, but that's not our objective"

"The tariffs would not be put on hold "unless we have an acceptable agreement that the president signs off on"




Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.