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Trump trade adviser does not see U.S.-China tariff response 'spiral'

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Reuters WASHINGTON

WASHINGTON (Reuters) - White House trade adviser Peter Navarro said on Monday he did not see the United States and China responding to each other's tariff moves in a tit-for-tat escalation of trade tensions.

Asked on CNBC television what the U.S. response should be to about China's tariffs on $3 billion worth of U.S. fruits, nuts, wine, frozen pork, steel pipe and aluminium scrap, Navarro said: "I don't think this is going to be an action-response, action-response. That's not what this should be about, that just leads to escalation spirals."

Navarro said President Donald Trump was firmly committed to a course of action that would level the trade playing field between the two countries.

 

(Reporting by David Lawder; Editing by James Dalgleish)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 03 2018 | 2:56 AM IST

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