Left Menu
Development News Edition

UPDATE 1-Kudlow sidesteps comment on report that Trump could delay, block tariff on Chinese goods

Reuters | Washington DC | Updated: 02-08-2019 19:44 IST | Created: 02-08-2019 19:41 IST
UPDATE 1-Kudlow sidesteps comment on report that Trump could delay, block tariff on Chinese goods
Image Credit: Flickr

White House economic adviser Larry Kudlow demurred on Friday when asked if U.S. President Donald Trump would delay or stop the imposition of tariffs on $300 billion worth of Chinese goods if China took some positive actions.

"I have not heard anything definitive," Kudlow said in an interview with Fox Business Network. "The president's not satisfied with the progress on the trade deal," Kudlow said.

Trump said in a post on Twitter on Thursday that, because of lack of progress in U.S.-China trade talks and lack of movement to stem sales of the synthetic opioid fentanyl https://in.reuters.com/article/usa-china-fentanyl/trump-accuses-chinas-xi-of-failing-to-halt-fentanyl-exports-to-us-idINKCN1UR5Z4, he would impose a 10% tariff on $300 billion worth of Chinese imports. Fentanyl is an opioid painkiller 50 times more potent than heroin, and has a central role in a devastating U.S. opioid crisis. In the United States, fentanyl and all of its analogues are controlled substances subject to strict regulation.

Kudlow said in a separate interview with Bloomberg TV that the White House did not think a tariff on additional Chinese goods would significantly affect U.S. consumers. "Our view is any impact on U.S. consumers is ... miniscule, and we have models to show that," Kudlow told Bloomberg.

The United States and China have been locked in trade tensions marked by tit-for-tat tariffs. The trade war has roiled global markets and economies and disrupted supply chains.

Also Read: Imran Khan meets Donald Trump at the White House



International Day of Non-Violence: Rising crimes against animals call for 'Ahimsa' redux

2020 has seen some of the most horrific incidents of animal-directed violence in India. The only silver lining - if you will - is the wave of backlash that not only sparked awareness for the prevention of animal cruelty, but also a sensibil...

South Africa's COVID-19 response: Surprising outcomes or just poor data management?

South Africa has been committed to improving its health information system and shows that a robust digital has considerable scope to improve healthcare for the entire population. But the COVID-19 pandemic has highlighted that significant ga...

Post-COVID-19 Nigeria needs a robust Health Management Information System to handle high disease burden

Nigeria is among a few countries that conceptualised a health management information system HMIS in the early 90s but implementation has been a challenge till date. Besides COVID-19, the country has a huge burden of communicable and non-com...

Morocco COVID-19 response: A fragile health system and the deteriorating situation

Learning from its European neighbors, Morocco imposed drastic measures from the initial stages of the COVID-19 outbreak to try to contain its spread. The strategy worked for a few months but the cases have surged after mid-June. In this sit...


Latest News

Tennis-Spaniard is first player convicted of courtsiding betting offence

Unranked Spaniard Gerard Platero Rodriguez has become the first tennis player convicted of courtsiding, which involves sending live scoring data from a match to a third party for betting purposes. The Tennis Integrity Unit ITU said in a sta...

U.S. Senate panel approves sending subpoenas to CEOs of Twitter, Facebook, Google

The U.S. Senate Commerce Committee on Thursday unanimously voted to approve a plan to subpoena chief executives of Twitter, Alphabets Google and Facebook for a hearing likely to be held before the election on a prized legal immunity enjoyed...

Tata Motors reports 5 pc increase in total sales in July-Sep quarter

Tata Motors on Thursday reported a 5.09 per cent increase in total sales to 1,10,379 units in the second quarter of the current fiscal. The company had sold a total of 1,05,031units in the same period last fiscal, Tata Motors said in a stat...

India open to launching own app store as start-ups criticise Google - govt source

India is open to launching its own mobile app store or expanding an existing one if it receives enough demand from domestic firms for an alternative to Apple and Google platforms, a senior government official said on Thursday. The country h...

Give Feedback