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[Période de New Dynastie de Beijing, le 18 juillet 2018] As the Sino-US trade conflict continues to worsen, both sides have indicated that they are open to resuming trade talks. US Finance Minister Munuchin pointed out that it is only by carrying out major structural reforms in Beijing that China and the United States could revive high-level trade talks.
According to Reuters, US Finance Minister Steven Mnuchin told the House of Commons Financial Services Committee hearing on Thursday (July 12th): "If Beijing wants to carry out structural and economic reforms, With great efforts, the US government is ready to resume negotiations with China at any time. "
Munuchin also said that the US imposed tariffs on Chinese products as a" moderate "measure to create level playing field. To claim the rates, we advocate fair trade. "
To claim that China and the United States are caught in a" trade war ", Munuchin thinks it is only a" dispute "as the CCP progresses in the Chinese economic system.With deep reforms, the United States is ready to resume talks with Beijing at any time.For the retaliatory measures that the CCP may launch, Munuchin said that he was not afraid that the CCP does not go to war with its US Treasury holdings, "exports have created tremendous employment opportunities," and he further stressed: "What we should do is make sure what our company can be competitive.
At the hearing, Munuchin also said that the main concern of President Donald Trump was still US economic growth. He said confidently that the trade measures taken by Washington would not weaken the US goal of achieving economic growth of 3%.
Since the Trump administration decided to set up a 25% tariff on China's $ 50 billion of goods in mid-June, Sino-US trade talks are at a dead end. Earlier, some foreign media quoted sources as saying that China and the United States had recently suspended high-level trade talks, and that only lower-level officials from both sides were in contact with each other.
Tuesday (July 10), Trump announced that the United States will impose a 10% tariff on Chinese imports worth $ 200 billion, which could be put in place as early as the month next.
The CCP has not yet responded to this kind of retaliation that it will take. However, the Chinese Ministry of Commerce issued a statement in Beijing on the evening of Thursday 12th to publish information hoping to resolve disputes between China and the United States through dialogue and consultation.
(Reporter Xiao Jing full report / responsible editor: Ming Xuan)
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