“Negotiations took place at Trump’s request, Xinhua said. The White House is currently not reporting this conversation”, – WRITE: www.radiosvoboda.org
Negotiations took place at Trump’s request, Xinhua said without specifying the details.
The White House does not report this conversation.
On the eve of Politico, Donald Trump believes that talking to Xi Jinping would help restart trade talks between tensions. And a person familiar with trade negotiations said that Trump is “obsessed with the idea of talking to SI.”
This week, the Chinese Ministry of Commerce has stated that the Trump administration has introduced “discriminatory restrictive measures”, including the abolition of Chinese student visas in the United States.
In early May, China and the United States agreed to introduce a 90-day moratorium on both parties a significant increase in import duties in mutual trade. Countries have agreed to reduce mutual duties by 115%: the United States – from 145%to 30%and China – from 125%to 10%.
The White House noted that the US and China’s governments, recognizing “the importance of bilateral economic and trade relations,” they decided to reduce duties since May 14.
The markets responded to reports on the growth of quotations.
In April, US President Donald Trump announced the introduction of trade duties on imported goods from almost all countries of the world. He subsequently suspended tariffs for all countries, reducing the basic duty to 10%, making an exception only for China for which he raised duties.
The PRC also responded with increasing import tariffs.
The US administration explained the increase in duties on China’s imbalance in trade with this country, insufficient, in Washington’s view, Beijing’s efforts to combat the export of synthetic drugs of Fentanyl, “the disrespect that China shows to the world markets.” China, in turn, stated that he would not make concessions and protect his interests.