The White House will establish a task force to urgently address the crisis of increased tariffs on China

2025-04-19 15:55:22

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ChainCatcher news, according to a report by Jinshi citing CBS News, multiple sources have revealed that due to the excessively high tariffs imposed by the Trump administration on Chinese goods, a supply chain crisis is expected. The Trump administration has begun discussions on forming a task force to urgently address these issues in the event that negotiations with the Chinese government do not yield breakthroughs.

Sources indicate that the specific details regarding the establishment of this task force have not yet been finalized, but it may include Vice President Pence, Treasury Secretary Mnuchin, Commerce Secretary Ross, White House National Economic Council Director Kevin Hassett, Chairman of the White House Council of Economic Advisers Kevin Hassett, and U.S. Trade Representative Robert Lighthizer.

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