The Trump administration is studying how proposed tariff increases on Chinese im...
Treasury Secretary Steven Mnuchin testifies before the House Financial Services Committee hearing on"The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System" in Washington, U.S., May 22, 2019. REUTERS/Mary F. Calvert
WASHINGTON - The Trump administration is studying how proposed tariff increases on Chinese imports will affect consumers and is at least a month away from enacting them, Treasury Secretary Steven Mnuchin said on Wednesday. “There won’t be any decision probably for another 30 to 45 days,” Mnuchin said at a hearing with lawmakers in the U.S. House of Representatives, adding that he had spoken with the chief financial officer of retailer Walmart about how the tariffs will impact consumer prices.Related Coverage
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