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"
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