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Source: The White House will set up a working group to urgently deal with the crisis of imposing tariffs on China

Source: The White House will set up a working group to urgently deal with the crisis of imposing tariffs on China

CointimeCointime2025/04/19 10:01
By:Cointime

according to Jinshi data citing the report of the American Columbia Broadcasting Corporation, several sources revealed that the exorbitant tariffs imposed by the Trump administration on Chinese goods will lead to a supply chain crisis. The Trump administration has started discussing the formation of a working group internally to address these issues urgently in case negotiations with the Chinese government fail to make a breakthrough. Sources said that the specific details about the establishment of this group have not been finalized yet, but the working group may include Vice President Pence, Treasury Secretary Benson, Commerce Secretary Lutnick, White House National Economic Council Director Kevin Hassett, White House Economic Adviser Council Chairman Stephen Milin, and U.S. Trade Representative Jamison Greer.

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