- Dec 5, 2015
- Reaction score
- Political Leaning
The U.S. reportedly is considering lifting tariffs on Chinese imports to give Beijing a reason to make deeper concessions in ongoing trade talks between the two countries.
Treasury Secretary Steven Mnuchin proposed lifting all or some of the tariffs, The Wall Street Journal reported on Thursday, citing people close to the matter. The goal is to push forward trade talks and get China's support for longer-term reform.
Movement in China appears ongoing. Any damage from the shutdown has been done. This deal would be epic for the global economy.