The American president Donald Trump showed Thursday welcomed a “magnificent letter” of his Chinese colleague Xi Jinping. According to Trump, there would be ‘huge progress’ to be booked on the terms of the trade war between the two countries.
In the letter, Trump las in the Oval Office of the White House, writes the Chinese president that “the commercial relations between the two countries is of paramount importance” and that he ” hopes that the two countries in mutual respect will be can continue to work’.
The United States and China, have since Wednesday their difficult trade negotiations in the White House resume, for the purpose before march 1, their economic relationships sustainable. If that fails, threaten a trade war. Trump met the Chinese negotiators in the White House. He also announced that American negotiators in early February to China will travel.
The trade negotiations between the United States and China are going well, with “good intentions on both sides,” said the Us president on Thursday, adding that he will soon be the Chinese president will meet for the final points of disagreement to discuss. The Chinese delegation, led by deputy prime minister Liu He, called the consultation in Washington ‘open-minded, specific, and very fertile’.
While by the large differences, an agreement still seems a long way, spoke to Trump all of the ‘biggest trade deal in history’. “But there is not previously a deal before my friend president Xi and I met.’
Customs tariffs from 10 to 25 percent
He recalled that the customs tariffs on the $ 200 billion of Chinese imports from 1 march to increase from 10 to 25 percent, and that ‘everyone works hard’ to be by that date an agreement. ‘China wants no increase of tariffs, and is of the opinion that it’s much better if it’s a contract”, said the president.
The American government wants to end what they are ‘unfair’ commercial practices calls. Thus she refers to the forced transfer of U.s. technology in the context of joint ventures in China, the “theft” of American intellectual property, and the massive subsidies to Chinese state-owned enterprises.
China seems willing to compromise for the market more open to American products, but less to structural changes.