The United States and China appeared at a deadlock over trade negotiations on Su...
WASHINGTON/BEIJING - The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any “bitter fruit” that harmed its interests.
“We are right where we want to be with China,” Trump wrote on Twitter, saying U.S. purchasers of Chinese goods could either buy them from domestic manufacturers or from other nations. “We’re in terrific shape in order to correct 20 years plus of unfair trading practices with China,” Kudlow said. “... This is a risk we should and can take without damaging our economy in any appreciable way.”Kudlow said there is a “strong possibility” that Trump will meet Chinese President Xi Jinping at a G20 summit in Japan in late June.
U.S. Trade Representative Robert Lighthizer rejected that, telling Liu that the United States was insisting on restoration of the previous text. Trump has ordered Lighthizer to begin imposing tariffs on all remaining imports from China, a move that would affect about an additional $300 billion worth of goods.
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