US economy

U.S. vice president vows no end to trade action with China until it changes


© Reuters. U.S. vice president vows no end to trade action with China until it changes

PORT MORESBY (Reuters) – U.S. Vice President Mike Pence said on Saturday the United States will not end its trade action against China until it amends its trade polices.

Speaking at an Asia Pacific Economic Co-operation (APEC) summit in Papua New Guinea, Pence said the United States would not remove trade tariffs with China until it changes its policies.

“We have taken decisive action to address our imbalance with China,” he said. “We put tariffs on $250 billion (194.75 billion pounds)in Chinese goods, and we could more than double that number.”

“The U.S. will not change course until China changes its ways.”

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.