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U.S. Suspends Tariffs on China, Stoking Fears of a Loss of Leverage

May 21 , 2018

WASHINGTON — The Trump administration has suspended its plan to impose sweeping tariffs on China as it presses forward with trade talks, a gesture that will temporarily ease tensions between the two nations but rapidly increase pressure on President Trump to secure the type of tough deal that he has long said is necessary to protect American workers.

Steven Mnuchin, the Treasury secretary, said on Sunday that the two countries had made progress as they concluded three days of intense trade negotiations in Washington late last week. The planned tariffs on as much as $150 billion worth of Chinese goods are off the table while the talks proceed, he said.

“We’re putting the trade war on hold,” Mr. Mnuchin said on “Fox News Sunday.”

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