CNBCのインスタグラム(cnbc) - 2月18日 23時01分

China has a history of going back on its trade promises — but the U.S. is looking to prevent that.

American negotiators are seeking to put in place an automatic tariff mechanism that would raise duties on Chinese goods if the country’s exports to the U.S. keep rising, The New York Times reported.

The automatic tariff mechanism has been used before — President Barack Obama used it in 2009 when imposing tariffs on Chinese tire imports. It was also used in 2001 when China joined the WTO.

Chinese and U.S. officials have been working for weeks to reach a trade agreement. When asked how discussions were going, Treasury Secretary Steven Mnuchin said, “So far, so good.” To learn more, click the link in bio. *
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#politics #donaldtrump #xijinping #china #us #trade #uschinatrade #exports #imports #stevenmnuchin #treasury #politicalnews #businessnews #cnbc #wto #barackobama #tradewar

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