Bloomberg reported this week that that the United States and China aim to resume talks in a bid to avert a trade war between the world’s two biggest economies. That’s good news according to Kansas Senator Jerry Moran, but he says the U.S. needs to get other trade agreements in place before dealing with the Chinese.
Jerry Moran Audio
Moran says a more focused effort to get trade agreements with Mexico and Canada will put the U.S. on more solid ground as they try to get concessions out of China.
Jerry Moran Audio
Beijing and Washington have been locked in a trade dispute since they began applying 25 per cent tariffs on $34 billion of each other’s goods on July 6th, with duties on another $16 billion of products in the pipeline. The US is working on a list of an additional $200 billion of Chinese goods to be subject to 10 percent tariffs as early as September.