China Tariffs on Again, Off Again; Precious Metals Spike

December 11, 2019

New York (Dec 11)  Just when everyone thought there may be a glimmer of hope in the trade negotiations between the U.S. and China, White House economic adviser Larry Kudlow stepped in with a reality check concerning the impending Dec. 15 tariffs on $160 billion in Chinese imports, and more in Tuesday’s Closing Bell on Money and Markets.

“The reality is those tariffs are still on the table, the Dec. 15 tariffs, and the president has indicated if the short strokes remaining in negotiations do not pan out to his liking, that those tariffs could go back into place,” Kudlow said, according to CNBC.

Uncertainty has surrounded those tariffs, and Kudlow didn’t help to clear anything up. Especially after reports this morning that those tariffs would be postponed.


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