Trumps Cabinet Wants Higher Tariffs on China

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Trumps Cabinet Wants Higher Tariffs
Photo: Rod Lamkey Jr/AP/TT
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Howard Lutnick, who was nominated by President Donald Trump to be the next US trade minister, wants higher trade tariffs against China than against other countries.

I think the Chinese tariffs should be the highest. Our opponents' (tariffs) should be the highest, said Lutnick during a congressional hearing.

However, he also targeted Europe, accusing it of "taking advantage of us".

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Wall Street veteran Lutnick was a vocal advocate during the fall election campaign in the US for a tough American trade regime.

Various analysts believe that Trump may soon decide on tariffs against a number of countries.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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