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MNI INTERVIEW: US Seen Holding China Tariffs High- Ex-Official

MNI speaks to ex-U.S. Department of Commerce official on trade policy.

U.S. tariffs on Chinese goods will stay high and probably move even higher regardless of the outcome of elections this year, William Reinsch, a former under secretary of commerce for export administration, told MNI.

"They stay or they go up. With the Democrats they go up selectively. With Trump they go up across the board," he said. The U.S. political consensus has shifted against free trade but with Donald Trump you are likely to see increased tariffs on day one, whereas under Kamala Harris there would be increases in targeted areas that come much later into a potential administration, Reinsch said.

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U.S. tariffs on Chinese goods will stay high and probably move even higher regardless of the outcome of elections this year, William Reinsch, a former under secretary of commerce for export administration, told MNI.

"They stay or they go up. With the Democrats they go up selectively. With Trump they go up across the board," he said. The U.S. political consensus has shifted against free trade but with Donald Trump you are likely to see increased tariffs on day one, whereas under Kamala Harris there would be increases in targeted areas that come much later into a potential administration, Reinsch said.

Keep reading...Show less