No plans to lower China tariffs over coronavirus outbreak, Mnuchin says

Treasury Secretary Steven Mnuchin said that the administration has no plans to lower tariffs on Chinese goods in response to the coronavirus outbreak but might consider it in the future as it weighs the effects on the global economy.

“We’re not considering that at the moment,” Mnuchin said in testimony before the House Ways and Means Committee Tuesday. He added that as the virus progresses, the administration would “look at all the options that we think are important” to help ailing sectors of the economy.