US puts knife on China's neck, says trade negotiator


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Wang Shouwen made the remarks at a press conference in Beijing to highlight a recently published political document on bilateral trade frictions, in which China portrays itself as a victim of US protectionism and harassment. United.

Echoing a position outlined in the 36,000-word document, Mr. Wang left the door open for further trade talks but stressed that he was "entirely on the side of the United States" to show respect and sincerity for the negotiations to resume.

He highlighted the agreements reached in the previous four rounds of negotiations, but only for Trump to tear up the business soon after.

Several senior Chinese officials at the press conference reiterated other points in the political document, highlighting the chaos of global trade caused by Trump's trade war and refuting his claims that China would enjoy unfair trade benefits through report to the United States.

Citing robust commercial data and examples of new contracts that replaced lost US partnerships, officials also predicted that China could withstand prolonged trade conflict with the United States.

The country's chief trade negotiator, however, dodged the question of whether trade negotiations became useless if, as many media reports indicate, Chinese leaders under President Xi Jinping are increasingly considering Trump's trade war. as a strategic measure to contain China. .

"To hold China or to wage a trade war is neither the direction of peace nor development for humanity," said Fu Ziying. "Someone has to pay the price of a trade war." Who? It will be ordinary people. "

Losing scenario

Wang Shouwen's comments follow those of Chinese State Counsel and Foreign Minister Wang Yi, who warned on Monday that the confrontation between China and the United States would only lose both sides.

Wang Yi, who attends the United Nations General Assembly, met with a group of American business leaders in New York, a few hours after the United States decided to implement its latest tariff cycle.

He told officials that "some US forces have made unfounded accusations against China over trade and security, generating conflicting feelings and poisoning the atmosphere of bilateral relations," according to a statement issued by the ministry on Tuesday. Foreign Affairs.

A day earlier, US Secretary of State Mike Pompeo said on TV "Fox News Sunday" that "we were going to win" about Trump's trade war in July to punish China. commercial practices.

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"We are going to get a result that forces China to behave in a way that, if you want to be a power, a world power – transparency, the rule of law, you do not steal intellectual property," he said. declared Pompeo.

The United States had invited Chinese trade negotiators to Washington to resume negotiations earlier this month. The potential visit collapsed last weekend after Trump, citing lack of efforts on the part of China to address his concerns over the protection of US intellectual property, decided to proceed at the new rates.

Before Monday, the two countries had already imposed tariffs of $ 50 billion on goods worth $ 50 billion, but the latest series of tariffs should affect people on both sides. consumer products.

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