Kudlow: ‘It’s possible’ new tariffs won’t be imposed on China

Larry Kudlow, President Donald Trump’s top economic adviser, said Wednesday that “it’s possible” that new tariffs on Chinese imports can be avoided.

“Nothing is set in stone right now,” Kudlow told CNBC. He said any additional tariffs would be the result of “policy talks,” not any “arbitrary timeline.”

On Monday, Bloomberg News reported the Trump administration may impose tariffs on all remaining Chinese imports in December, if November talks between Trump and Chinese President Xi Jinping don’t bring fruitful results. The U.S. has already imposed tariffs on about $250 billion of Chinese imports, with about $257 billion in goods yet to be levied.

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