Wednesday, 19 June 2019
Latest news
Main » U.S-China Trade War Ripples Through Market Again After Trump Comments

U.S-China Trade War Ripples Through Market Again After Trump Comments

13 June 2019

Trump, in a series of tweets, said "tariffs are a great negotiating tool", and a "powerful way to ... get companies that have left us for other lands to come back home".

Trump said again on Monday that he expected the meeting to happen, and threatened more tariffs on Chinese imports if there is not enough progress or if Xi does not attend.

Mr Trump has repeatedly said he was getting ready to meet Mr Xi at the G20 summit in Osaka, Japan, but China has not confirmed it.

A Chinese Foreign Ministry spokesman has refrained from saying if President Xi Jinping intends to meet with U.S. President Donald Trump during a summit in Osaka later this month.

On May 10, Trump hiked tariffs on $200bn of Chinese goods up to 25 percent and took steps to levy duties on an additional $300bn in Chinese imports. Come on, man - They can't even figure out how to deal with the fact that they have this great division between the China Sea and the mountains in the West.

In reality, China's recent outreach to Russian Federation is nothing but a desperate cry for help - the communist regime is incapable of keeping up with the booming US economy or maintaining the sky-high GDP growth necessary to mollify its oppressed population while it struggles under American tariffs.

"It's me right now that's holding up the deal", he said.
China's foreign ministry - which usually refuses to provide details of meetings until the very last minute - declined Tuesday to say whether the meeting would take place. He said yesterday that China would "fight to the end" if Washington escalates trade fictions.

While both Donald Trump and his commerce secretary, Wilbur Ross, said this week that they ultimately expect a trade deal with China will materialize, the United States president was combative in comments Tuesday.

"They have to start representing the United States, not just the companies that are members of the U.S. Chamber of Commerce", he said.

Trade talks with Beijing broke off last month after the USA accused China's leaders of reneging on provisions of a tentative agreement. And China ate our country alive during Obama and Biden.

The United States kicked off a tariff battle with China in 2018, seeking sweeping structural changes from Beijing.

The U.S. and Chinese flags are displayed outside a hotel in Beijing on May 14.

But U.S. officials have made it their mission to persuade other governments to avoid working with Huawei, warning that Washington might not share sensitive information with allies if they are using Huawei equipment and networks that the Washington suspects could be compromised.

The US-China tension has gone beyond tariffs.

U.S-China Trade War Ripples Through Market Again After Trump Comments