Home Asia says US tariffs must be lifted for a trade deal

China says US tariffs must be lifted for a trade deal

Author

Date

Category

- Advertisement -

US tariffs against must be lifted for the two sides to reach a deal to end the , the Chinese ministry said Thursday.

Trade teams from the ’s top two economies “have maintained communication”, ministry spokesman Gao Feng said, days after presidents Donald and announced a truce.

’ unilateral tariff increase on China’s exports to is the starting point for the Sino-US economic and trade frictions,” Gao said at a weekly press briefing.

“If the two sides can reach an agreement, the tariffs imposed must be completely eliminated. China’s attitude toward this is clear and consistent,” Gao said.

The countries have exchanged tariffs on $360 billion in two-way trade and negotiations broke down in May after accused China of reneging on its commitments.

- Advertisement -

Trump and Xi agreed at the G20 in on Saturday to revive negotiations.

The US leader said he would not slap new tariffs on Chinese exports and suggested he could take a softer stance on Chinese telecom giant , which he has moved to blacklist.

lld-lth/fox

- Advertisement -

China | US | trade

- Advertisement -
Advertisement

Popular

YouTube
LinkedIn
LinkedIn
Share
Instagram