President of the United States Donald Trump claimed that the U.S. has reached significant progress in negotiations with China on trade issues.
‘Just had a long and very good call with President Xi of China. Deal is moving along very well. If made, it will be very comprehensive, covering all subjects, areas and points of dispute. Big progress being made!’ Trump said on Twitter.
Just had a long and very good call with President Xi of China. Deal is moving along very well. If made, it will be very comprehensive, covering all subjects, areas and points of dispute. Big progress being made!
The U.S. introduced additional tariffs for the import of Chinese goods of 200 billion dollars. More than 5,000 items of goods fall under the tariffs. Among them are paper, rice and textiles. The duties entered 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.
