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Don Lee

Don Lee covers the U.S. and global economy out of Washington, D.C. Since joining the Los Angeles Times in 1992, he has served as the Shanghai bureau chief and in various editing and reporting roles in California. He is a native of Seoul, Korea, and graduated from the University of Chicago.
With Trump's North Korea summit off, is the trade war with China back on?

Trump's confused trade policy got even more discombobulated this week with the president's cancellation of his summit with Kim Jong Un and the unexpected initiation of a process that could lead to hefty tariffs on imported autos and auto parts.

U.S. is putting new tariffs on hold while negotiating with China, Mnuchin says

The Trump administration backed off from a looming trade war with China, saying it won’t slap major tariffs on Chinese goods in the wake of Beijing’s promise to increase purchases of U.S. products and reduce the large surplus it has with America. "We're putting the trade war on hold," Mnuchin said.

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