Tariffs
Posted on: January 21, 2020 at 10:08:44 CT
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The Phase 2 trade deal with China would not necessarily be a "big bang" that removes all existing tariffs, U.S. Treasury Secretary Steven Mnuchin told the Wall Street Journal in an interview.
"We may do 2A and some of the tariffs come off. We can do this sequentially along the way," he added.
Mnuchin also warned that Italy and Britain will face U.S. tariffs if they proceed with a tax on digital companies like Alphabet Inc's (GOOGL.O) Google and Facebook Inc (FB.O)