Pence: US won’t back down on China tariffs, even if it means a cold war

Vice President Mike Pence said that President Trump’s administration won’t back down from its ongoing trade dispute with China, claiming that if it takes a cold war to get a new deal done, “then so be it.””We really believe we are in a strong position either way. We are at $250 billion [in tariffs] now; we can more than double that,” Pence said Tuesday. “I don’t think it’s a matter of promises. We’re looking for results. We’re looking for a change of posture.”The Trump administration has slowly levied tariffs on Chinese imports to squeeze out demands from the Chinese government in its goal of solidifying a more “free and fair” trade deal between the two nations. Trump wants to secure a new deal that would stop Chinese manufacturers from stealing U.S. intellectual property, thwart the counterfeiting of U.S. goods, and halt other practices that undercut U.S. economic interests, such as currency manipulation.

Source: Pence: US won’t back down on China tariffs, even if it means a cold war

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