The Chinese authorities refused to conduct new trade consultations with the US after Washington announced additional fees, reports The Wall Street Journal.
According to the publication, Vice Premier of the State Council of China Liu He planned to arrive in the US next week. Before that, it was also planned to send a delegation to the United States to prepare a visit for a high-ranking official.
Nevertheless, Beijing canceled these plans after the US imposed additional duties on Chinese goods, which will come into force on September 24.
Recall that the US introduced a 25% duty on goods imported from China. President of the United States Donald Trump accused the PRC of stealing intellectual property and repeatedly stressed that he does not like the deficit in trade with Beijing. Then duties were raised by another $16 billion.
Later, the US imposed additional duties on imports of Chinese goods worth a total of $200 billion.