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The United States has "absolutely no need to rush" to seal a trade deal with China, President Donald Trump said Friday, just hours after the agreement came into effect . new rates against Chinese products.
"The talks with China are very cordial, There is absolutely no need to rush, NOW that China pays 25% of US tariffs", tweeted the US president. $ 200,000 million Chinese exports to the United States.
Discussions with China are continuing in a very user-friendly way – there is absolutely no need to rush – while China is paying NOW US tariffs of 25% on $ 250 billion worth of goods and products. These mbadive payments go directly to the US Treasury ….
– Donald J. Trump (@realDonaldTrump) May 10, 2019
"Customs duties will contribute MUCH more wealth to our country that a phenomenal agreement of traditional type ", tweeted Trump, before the resumption this Friday of negotiations between Washington and Beijing in the American capital.
The tariffs will bring much more wealth to our country than a phenomenal agreement of the traditional type. Also, a lot easier and quick to do. Our farmers will be better and faster and hungry countries can now be helped. Exemptions on certain products will be granted or go to a new source!
– Donald J. Trump (@realDonaldTrump) May 10, 2019
Although trade negotiations are still ongoing, the entry into force on Friday of these customs duties has generated an immediate response from Beijing, which has promised "retaliatory measures".
Trump had suspended the increase in customs duties in January to allow trade negotiations between the two countries, plunged since last year into a trade war that threatens the global economy.
But finally decided to implement them, believing that the talks had not advanced enough and calling into question the good faith of the Chinese negotiators.
The reactivation of the commercial confrontation between the two powers disrupted the financial markets around the world all week. The International Monetary Fund (IMF) reiterated on Thursday that "trade-related tensions between the United States and China are threatening the global economy."
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