U.S. Treasury Secretary Mnuchin sees tariffs being imposed Dec. 15 if no China trade deal

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U.S. Treasury Secretary Mnuchin sees tariffs being imposed Dec. 15 if no China trade deal
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U.S. Treasury Secretary Steven Mnuchin said on Monday that an additional round o...

FILE PHOTO: Secretary of the Treasury Steven Mnuchin answers questions from the press after an interview on CNBC on the North Lawn of the White House in Washington, U.S., September 12, 2019. REUTERS/Sarah Silbiger.

“I have every expectation - if there’s not a deal, those tariffs would go in place - but I expect we’ll have a deal,” he said in an interview with CNBC, when asked about a round of tariffs scheduled for Dec. 15. But officials on both sides have said more work is needed to finalize the accord, and Trump acknowledged the agreement could still collapse. U.S. Trade Representative Lighthizer said on Friday that Trump had not made a decision about the December tariffs.

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