U.S. President Donald Trump retains the right to impose new tariffs on Mexico or China and will do so if his demands aren't met, Treasury Secretary Steven Mnuchin told CNBC on Sunday.
with Beijing to American security concerns around Chinese tech giant Huawei.
The secretary was referring, in particular, to the threat of tariffs on Mexico over its role in Central American migration as well as the increasing tariffs imposed on China in an attempt to address the U.S.-China trade deficit and curb what the administration calls Beijing's "unfair" trade practices.
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