The United States will need to maintain the threat of tariffs on Chinese goods for years even if Washington and Beijing strike a deal to end a costly tariff war, President Donald Trump's chief trade negotiator told lawmakers on Wednesday.
U.S. Trade Representative Robert Lighthizer cautioned that much work was still needed to nail down a U.S.-China trade agreement, including working out how it will be enforced.
"If we can complete this effort - and again I say if ... we might be able to have an agreement that helps us turn the corner in our economic relationship with China," Lighthizer said in testimony to the U.S. House Ways and Means Committee.
Submitted February 28, 2019 at 04:53AM by jacquesopper https://ift.tt/2H5G2B3