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A man walking beside containers in a logistics center near Tianjin Port in northern China, May 16, 2019
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US President Donald Trump has threatened to hit China with tariffs on "at least" an additional $ 300 billion worth of Chinese goods, but believes China and Mexico want to enter into agreements in the context of their trade disputes with China. United States.
Tensions between the world's two largest economies have risen sharply since talks to end a thorny trade war broke down in early May.
While Trump said Thursday that talks with China were underway, no face-to-face meetings have been held since May 10, when he sharply increased tariffs on a Chinese merchandise list. Rising to $ 200 billion, rising to 25%, pushing Beijing to retaliate.
"Our discussions with China generate a lot of interesting things. We will see what happens … I could still raise at least $ 300 billion and I will do it at the right time, "Trump told the press, without specifying the badets likely to be affected.
"But I think China wants to reach an agreement and that Mexico does not want to make one," Trump said before boarding Air Force One at Shannon's Irish airport on the way to France. Occasion of the commemoration of the day J.
In Beijing, the Chinese Ministry of Commerce took a provocative tone.
"If the United States deliberately decides to escalate tensions, we will fight to the end," ministry spokesman Gao Feng said at a regular press briefing.
"China does not want to wage a trade war, but is not afraid of it either. If the United States deliberately decides to escalate trade tensions, we will adopt the necessary countermeasures and resolutely protect the interests of China and its people. "
The Ministry of Commerce also released a report on how the United States benefited from years of economic and trade cooperation with China, saying that US allegations that China had benefited from bilateral trade were unfounded. .
"Since the new US administration took office, it has ignored the mutually beneficial and beneficial nature of the two parts of China-US. economic and trade cooperation, and defended the theory that the US would have "lost its advantage" over trade with China, "the ministry said in a research report.
"He also took the trade deficit issue as an excuse for economic and trade frictions."
In addition to China's concerns, US companies could be the target of the trade war, the ministry announced last week that it was drafting a list of "unreliable entities" that have harmed corporate interests Chinese.
Gao said the list did not target industries, companies or individuals, and details would be forthcoming soon. Companies that respect the laws and rules of the Chinese market have nothing to fear, he added.
The International Monetary Fund warned on Wednesday that escalating tariff threats undermine business and market confidence and could dampen global growth that is expected to improve next year.
US Treasury Secretary Steven Mnuchin to meet with Governor of the People's Bank of China Yi Gang this weekend at a gathering of G20 finance executives in Japan, the first face-to-face discussion between key negotiators for almost a month.
Mexican and US officials are also expected to resume talks in Washington Thursday aimed at avoiding the imposition of tariffs on Mexican products.
After declaring that "insufficient" progress on ways to curb migration had been made when both parties met on Wednesday, Trump told reporters on Thursday that Mexico had made progress in the negotiations but needed to do more.
He reiterated that tariffs of 5% on all Mexican exports to the United States, starting Monday, would be maintained if progress was not made. Rates can reach up to 25% later in the year.
"Mexico was yesterday. They will come back this morning … I think a lot of progress has been made yesterday, but we have to make a lot of progress, "said Trump.
"They have to step up and they have to take over – and maybe they will."
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