Trump threatens China with new tariffs if deal with Beijing fails[/rtl]
[rtl]Date: 2019/11/20 10:37 • 29 times read[/rtl]
US President Donald Trump has threatened to increase tariffs on China if the deal with Beijing fails.
Trump, speaking at a White House cabinet meeting, said he would raise tariffs on imports of Chinese goods if no deal was reached with Beijing to end a trade war that has shaken markets and hurt global growth.
Trump added that China would have to conclude a trade agreement, according to the channel "CNBC" Arab.
Last week, White House deputy spokesman Hogan Gedley announced that his country would like to sign the first part of the trade agreement with China, despite the cancellation of a meeting between US President Donald Trump and Chinese President Xi Jinping at a summit. APEC Economic Cooperation in Chile.
"At the moment, it seems that the APEC summit in Chile will not be held, and we believe that the organization has no alternative place at the moment," Guidley said in a written statement.
China and the United States held "constructive talks" on trade during a high-level telephone conversation on Saturday, Xinhua news agency said.
Liu is China's deputy prime minister, US Trade Representative Robert Lighthizer and Treasury Secretary Stephen Mnuchin were involved in the call, she said.
She said both sides discussed each other's core issues during the first phase of a preliminary trade agreement and agreed to continue dialogue.
For two years, the Trump administration has been pressing China to make sweeping changes in its policies on intellectual property protection, technology transfer to Chinese companies, industrial grants and market access.
China has always denied US accusations of unfair trade practices and vowed to respond to US punitive measures with similar measures.
The intensification of the trade war between the two countries disrupted the trade of goods worth hundreds of billions of dollars, and slowed the growth of the global economy and damaged markets.