U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome in both the United States and China.
The White House's top economic and trade advisers, including Trade Representative Robert Lighthizer, Larry Kudlow, Peter Navarro, and Treasury Secretary Steven Mnuchin are expected to meet in coming days with Trump over that decision, one person briefed on the situation said. There is still no clarity on what the decision will be.
"They may very well go into effect. They may very well hold back. And the president's going to decide," the source said Monday afternoon.