US Treasury Secretary Mnuchin Sees Tariffs Being Imposed Dec. 15 If No China Trade Deal

US Treasury Secretary Mnuchin Sees Tariffs Being Imposed Dec. 15 If No China Trade Deal
Treasury Secretary Steven Mnuchin answers questions from journalists outside the White House on Sept. 9, 2019. Nicholas Kamm/AFP/Getty Images
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WASHINGTON—U.S. Treasury Secretary Steven Mnuchin said on Oct. 14 that an additional round of tariffs on Chinese imports will likely be imposed if a trade deal with China has not been reached by then, but added that he expected the agreement to go through.

“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.