WASHINGTON, May 1 — US President Donald Trump said yesterday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic and he threatened new tariffs on Beijing, as his administration crafted retaliatory measures over the outbreak. Trump’s sharpened...
Friday, 01 May 2020 12:16 PM MYT
Two US officials, speaking on condition of anonymity, said a range of options against China were under discussion, but cautioned that efforts were in the early stages. Recommendations have not yet reached the level of Trump’s top national security team or the president, one official told Reuters. Trump’s top economic adviser denied the report. “The full faith and credit of US debt obligations is sacrosanct. Period. Full stop,” White House economic adviser Larry Kudlow told Reuters.
Washington and Beijing have traded increasingly bitter recriminations over the origin of the virus and the response to it.
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