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The United States has postponed a program of tariff increases on Chinese products of more than 200 000 million dollars after a "substantial advance" in trade negotiations between the two countries, President Donald Trump said Sunday.
"I am pleased to report that the United States has made significant progress in its discussions with China on important structural issues, including the protection of intellectual property, technology transfer, agriculture, and services. , the currency and many other problems. "said the US president on Twitter.
"Following these very productive negotiations, I will postpone the increase in US tariffs that was scheduled for March 1.", he added.
"Assuming both sides make further progress, we will hold a summit between President Xi (Jinping) and myself in Mar-a-Lago to reach an agreement, a very good weekend for the United States and China!"he said.
Xi also put a positive tone in a letter that Vice Premier Liu He handed to Trump, and said he hoped the negotiations would proceed with a "win-win" attitude that would lead to a mutually beneficial agreement.
Chinese leader expressed hope that talks will continue "a mutually respectful, cooperative and beneficial attitude" and lead to a mutually beneficial agreement.
Negotiators from the world's two major powers met on Tuesday in the US capital and talks, even at the ministerial level on Thursday and Friday, They extended until this Sunday.
So, Closes fourth round of a dialogue aimed at ending the trade dispute between the two countries since the truce of three months agreed between the leaders at the end of November.
Trump had already mentioned several times the possibility of delaying the March 1st deadline. reach a trade agreement and not increase tariffs by 10 to 25% on Chinese products worth $ 200,000 million.
According to badysts, both parties are likely to reach mutual agreements to resolve the easiest aspects of the trade dispute: increased purchases of US products, more open investment in China and stricter protections for intellectual property and patented technologies.
The most difficult parts that deal with issues such as the reduction of China's ambitious industrial strategy for world pre-eminence, meanwhile, they are another question.
Trump said Friday that an agreement on the handling of the currency would be included in the trade pact, but otherwise, few details have been made public.
(With information from AFP)
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