Mike Pompeo says new tariffs on China ‘likely’ to last until next year

Secretary of State Mike Pompeo said Thursday that President Donald Trump would not tolerate a repeat of the recent supply chain disruptions caused by the tariffs on steel and aluminum. In a conference call…

Mike Pompeo says new tariffs on China ‘likely’ to last until next year

Secretary of State Mike Pompeo said Thursday that President Donald Trump would not tolerate a repeat of the recent supply chain disruptions caused by the tariffs on steel and aluminum. In a conference call with reporters, he said that given the supply chain scale and global nature of commerce, such a disruption would have repercussions that would probably last “likely well into next year.”

Mr. Pompeo declined to say whether that meant President Trump’s planned tariffs on $50 billion worth of Chinese goods, announced on Thursday morning, would result in longer-term disruption, but he said they were a response to China’s “long-standing” actions that “are unacceptable.”

During the call, he mentioned “both steel and aluminum,” and did not specify if the tariffs would apply to the aluminum or to steel. President Trump said on Wednesday he planned to go after both aluminum and steel as well.

Mr. Pompeo said that, even with tariff exemption for allies and other countries, America could not afford to have those countries benefit from exports that are not being blocked at the same time they face retaliatory tariffs.

“We must win this struggle. We must persuade both China and the rest of the world to share more of the economic risk,” he said.

Mr. Pompeo also announced that the Trump administration was taking legal action against the World Trade Organization on the issue of forced technology transfers. He said that this should be done, “sooner rather than later.”

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