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Trump: I do not expect important results from the upcoming talks with China
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US President Donald Trump
US President [url=https://www.thebaghdadpost.com/ar/Story/t/224/%D8%AF%D9%88%D9%86%D8%A7%D9%84%D8%AF %D8%AA%D8%B1%D8%A7%D9%85%D8%A8]Donald Trump[/url] said he did not expect significant results from the next round of trade talks with China this week in Washington.
Trump said in a press statement that he did not expect significant progress in trade talks with China, noting that no time frame had been set for resolving trade disputes with China at the moment.
The world's two largest economies have been charging customs duties several times over their respective imports since the beginning of this year, and have threatened to impose more duties on exports valued at hundreds of billions of dollars.
The announcement comes after a stalemate in the talksBut it was not clear whether the meeting would be held before or after August 23, when Washington is to start applying additional tariffs on Chinese goods worth $ 16 billion. Beijing said it would reciprocate.
The last official round of talks was held in early June when US Commerce Secretary Welpork Ross and Chinese Vice Premier Liu He met in Beijing.
So far, no response has been received from the US Treasury Department on the Beijing Declaration.
The upcoming meeting is held at a lower level than the previous four rounds of talks involving Liu, Ross and US Treasury Secretary Stephen Menuchin.
With little progress at previous meetings, the White House said on Aug. 3 that the United States was ready to hold further talks with China on how to resolve the escalating trade dispute.
She notedChina has repeatedly said that American companies and consumers will be severely affected by the trade war.
Trump said in a press statement that he did not expect significant progress in trade talks with China, noting that no time frame had been set for resolving trade disputes with China at the moment.
The world's two largest economies have been charging customs duties several times over their respective imports since the beginning of this year, and have threatened to impose more duties on exports valued at hundreds of billions of dollars.
The announcement comes after a stalemate in the talksBut it was not clear whether the meeting would be held before or after August 23, when Washington is to start applying additional tariffs on Chinese goods worth $ 16 billion. Beijing said it would reciprocate.
The last official round of talks was held in early June when US Commerce Secretary Welpork Ross and Chinese Vice Premier Liu He met in Beijing.
So far, no response has been received from the US Treasury Department on the Beijing Declaration.
The upcoming meeting is held at a lower level than the previous four rounds of talks involving Liu, Ross and US Treasury Secretary Stephen Menuchin.
With little progress at previous meetings, the White House said on Aug. 3 that the United States was ready to hold further talks with China on how to resolve the escalating trade dispute.
She notedChina has repeatedly said that American companies and consumers will be severely affected by the trade war.
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