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Kudlow: Tariff payment deferrals rejected as ‘too complicated’

April 3, 2020 at 1:14 PM
The Trump administration has decided not to postpone tariff payments as part of its response to the pandemic, National Economic Council Director Larry Kudlow said on Friday. Appearing on Bloomberg TV , Kudlow said the administration had decided that temporarily suspending most-favored-nation tariff payments would be “too complicated” and would send “the wrong signal in terms of the president’s trade policy,” Bloomberg reported. President Trump on Tuesday denied a Bloomberg report saying he had decided to grant the Treasury Department...

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