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Home / World / Trump is holding back on new China tariffs when trade talks resume

Trump is holding back on new China tariffs when trade talks resume



OSAKA, Japan – President Donald Trump agreed on Saturday to halt the imposition of new tariffs on China as the two countries reiterated their stalled talks to end their trade war resumption of the Group 20 economic summit in Osaka told reporters that "we will continue to negotiate".

He said that 25 percent of the tariffs he has already imposed on hundreds of billions of Chinese imports "will remain at least" for the time being, "but that he will not end up with new $ 300 billion in Chinese goods

"We will not do that," Trump said, "we will work with China, where we left off to see if we can make a deal."

In a statement by the official news agency Xinhua, China said the negotiations had been "resumed on the basis of" equality and mutual respect, "he added," the US side has said not to add any new tariffs on Chinese exports . "

The averted tariffs are removing ̵

1; at least for now – an imminent threat to the world economy, but could also raise questions about what D he United States received a consideration.

Trump said China has agreed to spend money on US farmers during the ongoing talks, even though he did not give any details.

"We will give them a list of things we want to buy from them," said the president.

In another delicate matter, the two leaders seemed to have made no progress.

Trump banned Chinese telecommunications company Huawei accused by Huawei The US spied on and posed a threat to cybersecurity. There was evidence before the summit According to Trump, the two countries would face the Huawei problem "by the end of the year." save the extreme end ".

Trump has already raised an inch of 25 percent US $ 250 billion in Chinese goods to the dismay of global economists. With no exit, Trump also threatened with 25 percent duty for another $ 300 billion worth of goods from China, though he slightly softened that position prior to his trip, saying the rate could potentially be 10 percent.

Whether There Would Be Trade Talks Relaunching and more customs avoidance were the key issues that overshadowed Trump's trip to the annual G-20 summit. Although a high-ranking Trump administration official said there were "absolutely no conditions" for their meeting, the serious consequences for the economy in both countries increased the use of a solution or breakthrough, if only partially.

"You want to make a deal, I tell you that," said Trump, adding that a success would be "historic."

Although Beijing and Washington were heading for a deal in May, the US blamed China for sinking talks by withdrawing from concessions they had already agreed to. At the beginning of his meeting with Xi, Trump pointed to the collapse in modest diplomatic terms that suggested that he did not want to publicly call the Chinese leader in hopes of rescuing prospects for renewed talks then something happened where it slipped a bit, "he said. Now it's getting a bit closer.


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