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WASHINGTON (Reuters) – US President Donald Trump said on Monday (June 10) that additional tariffs on Chinese products would be ready to come into effect after the G20 summit this month if no trade agreement is reached. was concluded with China and called the Federal Reserve's policies "destructive". United States.
In a broad interview with CNBC, Trump also said that disputes over Chinese technology giant Huawei Technologies could be addressed in any trade deal between China and China.
Trump said that if Chinese President Xi Jinping did not attend the G20 meeting, the tariffs would come into effect immediately. Trump repeatedly reiterated that he was preparing to meet Xi at the Osaka summit at the end of June, but China has not confirmed it.
The Chinese Foreign Ministry said on Monday that China was open to new trade talks with Washington but that she had nothing to announce about a possible meeting.
"If we do not agree, you will see a rate increase," Trump said.
The US president again blamed China for devaluing its currency to create an undue trade advantage that it said was exacerbated by US Federal Reserve policies.
"They are devaluing their currency – they have been doing it for years, giving them a huge competitive advantage, and we do not have that advantage, because we have a Fed that does not lower interest rates," Trump told CNBC. very, very destructive for us. "
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