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Trump does not want to agree to tariff reductions in the course

US President Donald Trump has Reports contradicted what he had agreed to the withdrawal already imposed duties on Chinese imports to the course. China wool such withdrawal, Trump said on Friday in the White house. He had, however, "it's true, nothing," said the US President. The Chinese Ministry of Commerce had declared on Thursday that would have agreed with negotiators of the two countries on a "gradual" withdrawal of the additional customs duties.

The data is from Beijing, had nourished hopes of a possible settlement of the continuing trade dispute. The spokesman of the Chinese Ministry of Commerce, Gao Feng, had said, in the case of the mutual reduction of tariffs, it was a "step in the direction of a final agreement". "China would like to have a certain amount of redemption is not a complete redemption, because you know that I'm not going to do it," Trump said now. China wool "agreement is more urgent than I," he added.

signs of approaching

The two largest economies in the world contest that attracts the world's economy for more than a year in a fierce trade. Recently, there had been but increasing signs of a rapprochement. Already the middle of October, Trump announced a "very substantial" part of the agreement, according to his information, for the "Phase one" of a comprehensive agreement. In the economy, the announcement met with initially, but to hold back and wait-and-see reactions.

In the last week, had met China's Deputy Prime Minister Liu He repeated with the US trade representative Robert Lighthizer and Minister of Finance Steven Mnuchin. After that, it was said that the talks had been "constructive".

criminal duty spiral

In her since 2018 on-going trade conflict have covered the world's two largest economies to each other with penalty duties in the billions. Trump accuses China of unfair trade practices to the detriment of U.S. companies and the theft of intellectual property. He has a criminal inch spiral, which now affects a large part of all the imports from China into the USA. Beijing reacted with counter-tariffs. (sda/red)

Created: 09.11.2019, 09:28 PM

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