U.S. Treasury Secretary Mnuchin says sees tariffs being imposed Dec. 15 if no China trade deal

U.S. Treasury Secretary Steven Mnuchin said on Monday that an additional round of tariffs on Chinese imports will likely be imposed if a trade deal with China has not been reached by then, but added that he expected the agreement to go through.

"I have every expectation - if there's not a deal, those tariffs would go in place - but I expect we'll have a deal," he said in an interview with CNBC, when asked about a round of tariffs scheduled for Dec. 15.