"China disappoints us", says Trump for lack of agricultural purchases



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The president of the United States, Donald Trump, said today that China is not satisfactory with the promises that he made about buy American agricultural productsat a time when the world's two largest economies are struggling to resolve a trade dispute.

"Mexico is doing very well at the border, but China disappoints us because they did not buy the products of our big farmers as they had said. TheWe hope that they start soon! ", tweeted Trump.

Mexico is doing well at the border, but China is letting us down in that it has not bought the agricultural products of our big farmers that they had promised to do. Hopefully they'll start soon!

– Donald J. Trump (@realDonaldTrump)
July 11, 2019



The economic counselor at the White HouseLarry Kudlow said today that Washington expects Beijing to start buying crops and agricultural products from the United States. He stressed that trade negotiations between the two countries.

The United States and China agreed last month to resume trade talks stalled in May. Trump has agreed not to impose new tariffs and US officials have indicated that China has agreed to make agricultural purchases, which has not yet materialized.



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The US president expressed his distrust of electronic currencies and warned Facebook and other groups wishing to use them that they must comply with global financial rules.

According to Ministry of Commerce of China, the Leading trade negotiators on both sides held a conversation Tuesday and exchanged views on the implementation of the consensus reached by the two heads of state on the sidelines of the June G20 summit.

For their part, badysts pointed out that the reopening of the trade dialogues between the United States and China represent an important and symbolic step.

"It is a symbolic event but very important because it helps to restore market confidence in a difficult period"he said to Xinhua Carlo Altomonte, economist specialized in international trade at the Bocconi University of Milan.

In any case, the reopening of the talks does not mean that an agreement is closeEttore Greco, vice-president of the Institute of International Affairs, a think tank. "It's a new start for a long process"

The latest round of trade talks between China and the United States took place in Washington in May, during which the US administration increased the additional tariffs on Chinese products by $ 200 billion, a stalemate that lasted until the G20.


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