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Trump ready for tariff truce with China







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                 Donald Trump's decision to delay additional tariffs President Xi Jinping and Donald Trump Osaka. | Getty Images </p>
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SOUTH CHINA MORNING POST

Updated


This story is being published as part of a content partnership with the South China Morning Post .com on June 26, 2019.

The US and China have tentatively agreed to another truce in their trade was in order to resume the proceedings at resolving the dispute, sources familiar with the situation said.

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19659011] Details of the agreement are laid out in press releases in advance of the meet Chinese President Xi Jinping and President Donald Trump at the Group Leadership Summit in Osaka, Japan, this weekend, three sources – one in Beijing and two others in Washington – said.

Seeking agreement would apply to the next round of tariffs on an additional $ 300 billion of Chinese imports, which would extend to virtually all of the country's shipments to the U.S.. The Trump administration has said: "The poorest of the trump administration is going to slap duty."

Trump's decision to delay additional tariffs what Xi's price for holding the meeting in Osaka.

"The reality, though, is President Trump could always have a change of heart," the source said. "But the truce cake seems to have been baked."

Neither the White House nor the Office of U.S. Trade Representative had any comment on the reports.

Trump reiterated on Wednesday that he prepared to impose additional tariffs on China.

A senior trump administration official told POLITICO earlier this week that it's possible that tariffs might have been delayed but cautioned that "nothing is certain. Absolutely nothing. "

It's unclear Trump wants to make any sort of deadline for the talks to reach an agreement, as he had before.

Since the trade started almost a year ago, Trump has imposed 25 percent tariffs on $ 250 billion worth of Chinese goods. [19659012] A Washington-based source familiar with the words said there were "ongoing attempts to coordinate press messaging."

The person, speaking on condition of anonymity, said that both sides are not prepared to make a joint statement.

Such a strategy would be the last thing to do after a G-20 meeting in Buenos Aires, Argentina, in December 2018, which resulted in a three-month pledge to break further tariff escalation

The paralysis of the trumpets of the trumpets of the trumpets has become a reality.

After the dinner meeting in Buenos Aires, both of them released their own statements, which, while generally consistent, differed on a number of crucial details, prompting immediate scrutiny among analysts seeking to shed light on the closed-door talks.

Missing from Beijing's readout, for example, which is any mention of the 90-day deadline for both sides to reach a deal before higher US


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