Donald Trump: China 'Under Pressure' to Make a Deal with United States

Roman Schwartz
September 15, 2018

Confusion surrounding United States trade policy toward China.

His comment tempered cautious optimism among investors over the USA government's proposal for another round of talks with Beijing.

"We share the concerns of the U.S. regarding China's trade and investment practices, but continuing along the path of tariff escalation is extremely unsafe", warned Harborn.

Beijing "has indeed received an invitation from the USA and holds a welcoming attitude to it", said Gao, noting the "two sides are still communicating on the specific details". "Now the two sides are in communication on relevant details".

Washington, Europe and other trading partners say those plans violate China's market-opening commitments.

"We support President Trump's efforts to reset U.S". -China trade war with tariffs on $200 billion worth of Chinese goods.

"The Trump administration should not be mistaken that China will surrender to the USA demands", the newspaper said in an editorial.

But announcement of the new round of tariffs has been delayed as the administration considers revisions based on concerns raised in public comments, the people said.

Beijing has vowed further response if the U.S. imposes new tariffs.

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The US leader has mentioned another US$200 billion worth of Chinese imports - and all other Chinese imports to the US market - but analysts believe the administration will change course and the situation will shift after the US mid-term elections in November.

The Trump administration is preparing to activate tariffs on $200 billion worth of Chinese goods, hitting a broad array of internet technology products and consumer goods from handbags to bicycles to furniture.

Also Thursday, the European Union Chamber of Commerce in China said one in six of its members that responded to a survey are delaying investment or expansion. He warned that further escalation would severely damage Chinese industries, China's markets and currency, and its position in the global supply chain. That prompted worries it would use regulatory controls to disrupt US business operations in China. "China trade relations, address long-standing inequities and level the playing field", Zheng said in a statement.

In a survey by two American chambers of commerce in China, almost two-thirds of USA firms who responded said the waves of new tariffs have harmed their business.

It remains unclear when the new import taxes - which could be as high as 25% - will go into effect. Some 67.6 percent said the same of China's planned retaliatory tariffs on $60 of American goods.

More than 52 per cent of respondents to the survey reported already suffering the consequences of such measures, mainly through increased inspections, slower customs clearance and "other complications from increased bureaucratic oversight or regulatory scrutiny".

Officials are reportedly still working on the final list of products.

China has tried without success to recruit Germany, France, South Korea and other governments as allies against Washington. The Chinese government has dismissed the complaints as "groundless".

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