Market Chatter: Trump Not Looking to Pause China Tariffs

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Market Chatter: Trump Not Looking to Pause China Tariffs

MT Newswires Live04-08

US President Donald Trump said he is not looking to put a pause on tariffs to accommodate negotiations with trading partners, Reuters reported Monday.

Trump said he would talk with China, Japan, and other countries regarding the levies, the report said.

"We have many, many countries that are coming to negotiate deals with us and they're going to be fair deals. And in certain cases they're going to be paying substantial tariffs. There'll be fair deals," Reuters quoted Trump as saying.

Trump also reiterated his threat to impose another 50% tariff on Chinese imports unless China withdraws its threat of a reciprocal 34% tariff on US exports to China.

Trump's threat of reciprocal tariffs sent shockwaves across Asian markets Monday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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