China Tariffs

The U.S. expects China to be able to meet its commitments under the "phase one" trade deal, despite a coronavirus that has killed hundreds and closed stores and factories in East Asia, Treasury Secretary Steven Mnuchin said on "Mornings with Maria" Thursday.

Tariffs levied on some U.S. goods will be cut to 5 percent from 10 percent

China: 563 deaths and 28,018 confirmed cases on the mainland. In addition, Hong Kong has had 21 cases, including one death. Macao has had 10 cases.

The U.S. Chamber of Commerce wants to hear about infrastructure, innovation and the U.S. workforce during President Trump's State of the Union address Tuesday.

The state's economy decelerated sharply as the tit-for-tat trade war escalated, growing just 1 percent in the third quarter before contracting 2 percent in the final three months of the year.

A Treasury Department official breaks down the four pillars of President Trump's economic plan and how it will impact the 2020 election.

"I don’t know why anyone would want to re-negotiate a historic trade deal with China," Kudlow said.