[ad_1]
US President Donald Trump, who suggested the possibility of extending the 90-day trade truce negotiated with his Chinese counterpart Xi Jinping on Tuesday night
On Monday, Trump met with Xi in Buenos Aires on the sidelines of the G20 summit and agreed to working to reach an agreement remove tariffs of hundreds of billions of dollars imposed by the two countries on bilateral trade
"Negotiations with China have already begun. Unless they last, they will be over in 90 days, from the date of our wonderful and warm dinner with President Xi in Argentina, "Trump said on Twitter.
Following the meeting, Washington agreed to reduce the threat that Trump had made to increase customs duties on Chinese imports by an amount of $ 200 billion to 25% as of January 1, while maintaining the current rate of 10 On Tuesday evening, after a fall of more than 3% of the Dow Jones industrial average, China would buy "very important" quantities of agricultural products, energy, industrial and other American products Trump resumed his rhetoric threatening: "Either we will have a TRUE AGREEMENT with China, or it will not agree," he tweeted.
"But I think we will reach an agreement, now or in the future. China does not want any tariffs. "
US Trade Representative Robert Lighthizer will lead talks with the Chinese government to determine" if a TRUE deal with China is actually possible, "wrote Trump.
" If that's the case, the case, we will do "agreement, but" China should start buying agricultural and other products immediately, "warned the president.
Beijing on Wednesday committed to act quickly on" points of consensus. "
" The economic and trade teams of both sides will actively promote consultations over the next 90 days, with clear timelines and plans, "said the Chinese Ministry of Commerce.
" The China will begin to advance the specific points on which consensus has been reached. On Sunday, Trump said that China would "reduce and eliminate" 40% of tariffs on cars, although Beijing has not yet confirmed this decision.
US Trade Representative Robert Lighthizer will lead talks with Xi's government to determine "if a real deal with China is really possible," Trump announced on Twitter on Tuesday.
"If that is the case, we will do it," he added, pointing out that "China is supposed to start buying agricultural and other products immediately."
US farmers have been deeply affected by China's retaliation for their exports, particularly soybean sales, which have fallen.
Trump warned that although, like Xi, eager to reach an agreement, he remains supportive of tariffs.
"Do not forget that I am a man of tariffs," he said.
Source link
