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White House not planning new big trade initiative against China: official

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Reuters WASHINGTON
Last Updated : Apr 04 2018 | 11:25 PM IST

WASHINGTON (Reuters) - President Donald Trump's administration does not at this time have another new, big trade initiative planned against China and is focused on implementing the moves that have already been announced, a White House official said on Wednesday.

The official said the administration was aware of the market reaction to the trade row with Beijing, but said economic fundamentals and long-term trends were more compelling to policymakers at the White House.

(Reporting by Jeff Mason, editing by G Crosse)

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First Published: Apr 04 2018 | 11:14 PM IST

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