VIDEO: Trump ‘perfectly happy’ to slap further tariffs on China if no deal is reached, Wilbur Ross says

CNBC:

President Donald Trump is ready to proceed with tariffs on the remaining $300 billion in Chinese goods in the absence of a trade deal, according to U.S. Commerce Secretary Wilbur Ross.

Speaking to CNBC’s Phil LeBeau at the Paris Airshow Monday, Ross said enforcement would be the most important element of any potential deal between the world’s two largest economies.

The article goes on to state the following:

“We will eventually make a deal, but if we don’t, the president is perfectly happy with continuing the tariff movements that we’ve already announced, as well as imposing the new ones that he has temporarily suspended,” Ross said.

His comments directly echo those of Treasury Secretary Steven Mnuchin last week, indicating that the administration is unified on its plan in the event that talks fall apart.

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