Politics
Donald Trump Prices Live Updates: Trump says he called with the XI of China on prices
The response to the Trums claims that things were going well with China and that Chinese export prices could be lowered by the current 145%, Chinese officials said that no type of discussion took place.
For all that I know, China and the United States have no consultation or negotiations on prices, even less reaching an agreement, said Guo Jiakun, spokesperson for the Ministry of Foreign Affairs in Chinas.
The spokesperson for the Ministry of Commerce, there is, added any complaint on the progress of the commercial negotiations of China-United States is as founded as well as trying to take the wind. There is no factual basis. He reaffirmed the opening of China to dialogue, but only on the basis of mutual respect and equality.
President Trump, however, argued that talks were underway. Asked about the denial of China, he responded vaguely: they had a meeting this morning … It doesn't matter who they are.
Contradictory messages have continued from the Trump administration throughout the day. The secretary of the Treasury, Scott Bessent, said that he had a very successful meeting with South Korea and suggested that a trade agreement could be finalized next week. However, a few minutes later, Trump said that it was physically impossible to negotiate with dozens of countries and simply proposed to set prices for commercial transactions. Some will be priced, he said. Some have treated us very unfairly. They will be priced above than the others.
The Trump administration imposed 145% prices on Chinese imports, Beijing responding with 125% tariffs on American products. While other countries have received temporary tariff exemptions, China has remained an exception at its own prices, restricting exports of rare earths and launching WTO affairs against the United States.
China has clearly indicated that talks should include a decline in all prices imposed in the United States.
If the United States really wants to solve the problem, it should cancel all unilateral tariff measures against China and resolve differences by an equal dialogue, he said.
Despite the tensions, Trump took a softer tone on Tuesday, saying that he would be very nice to Chinese President Xi Jinping and that the two countries could live together very happily and ideally work together.
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Sources 2/ https://timesofindia.indiatimes.com/world/us/donald-trump-tariffs-news-live-updates-china-xi-jinping-us-stock-market-canada-india-uk-import-taxes-harvard-university/liveblog/120598636.cms The mention sources can contact us to remove/changing this article |
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