"We want them to understand these deals are going to be good deals. We're going to stand by them. We expect our partners to stand by them."
"We have tariffs like this already in place on China, we have open investigations already."
"The president and Xi have a strong relationship."
The Supreme Court struck down the use of emergency authority to impose tariffs. Existing trade agreements with China, the European Union, Japan and South Korea remain in place and will be upheld by the US administration. The administration intends to use alternative trade tools, including investigations and existing tariffs on China, to maintain leverage. The European Parliament's trade chief proposed freezing EU ratification of a trade deal pending policy clarification. India postponed planned interim trade talks in the US. A presidential trip to China beginning March 31 remains scheduled and is expected to include a meeting with China's president.
Read at Fortune
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