White House indicates additional US action against Chinese imports

TIL Desk/World/Washington/ US President Donald Trump might take additional action against Chinese products, the White House has indicated. The US has some $500 billion trade deficit with China. Ever since coming to power, Trump has sought to reduce this trade deficit which he says is mainly due to the unfair trade practices of China.

“His goal is free, fair, and reciprocal trade agreements in which other countries grant American products and American exports just as much access as we grant to their products and their imports into the US. He’s going to be pushing for that, and there could be additional actions,” White House Deputy Press Secretary Raj Shah told reporters today in a gaggle abroad Air Force One.

Shah was responding to a question on media reports that the Trump administration is working to increase import tariff on a number of Chinese products. Early this month he had imposed a 25 per cent tariff on import of steel and another 10 per cent on aluminium.

“The president campaigned on, believes in strongly, that American workers and American businesses have been ripped off by foreign trade competitors and partners in the past, and he wants to level the playing field,” Shah said.