The United States and China begin in Geneva, negotiating on tariffs that ignore their trade war | International
American and high -level Chinese representatives They convened this Saturday To begin a conversation intended to reduce tensions between two forces in Geneva (Switzerland). In the horizon, everything indicates that everything is distant, after returning to the White House with a search for the exit for the trade war launched by United States President Donald Trump, with 145%of tariffs in the country.
On the American side, Secretary Tesoro Scott betting “She came up with a mission to announce her spirits and not as much as the” great trade agreement “was closed – and the International Trump Representative of the Donald Trump administration, Jamison Greer, was the Jar of the Chinese team Vice Prime Minister Hi Lifeen, the jar of Beijing’s trade relations: your secret invasion.
“High -level economic and commercial dialogues between China and the United States have been launched in Geneva,” the Xinhua News Agency reported without further details in the brief statement on the meeting, which is expected to continue this Sunday. The space of the meeting was not open, although the Reuters Agency reported that the members of the two representatives had left the Swiss ambassador to the UN in Geneva. Than two hours
Expectations are low that the first conversations immediately made clear fruits. The previous hours were left, as in the comic gag, discussing the first aspect of disagreement: who called the meeting. “It is celebrated at the request of the United States,” said Chinese Foreign Ministry spokesman Lynn Jian on Wednesday. The next day President Donald Trump did not agree. “They should check their notes,” he warned.
Perhaps it may not be practicing. This is the first time both countries They have contacts, at least, on April 2, on April 2, they have imposed dozens of dozens of their commercial partners, followed by their impact on the US economy, in view of the impact on the US economy (leaving 10%universal rate), low in China.
Beijing is 145% tax for products exported to the United States, except in the battery of technical goods, is critical to the good march of Silicon Valley and keeping the tranquility of its customers. In mutual route, China imported goods from the United States are estimated at 125%. 20% difference between two high statistics is that Washington adds to it 125% of “Fentanil Tariff” 20%, Trump has imposed three countries along with China, Mexico and Canada at the beginning of his second presidency – he blamed the serious public health crisis of powerful opioid in the United States.
On Friday, Trump started a message on his social network, for the first time for a tariff reduction, the shot between the two capitals and the ascending of a part of DACA, in the game of letters, with an increase in opponent’s commitment. The US President wrote that 80% tax for Chinese imports is “good”, which must be understood as a gesture that surrendered in advance.
An unbalanced balance
Trade exchange between two largest powers last year (about 533 billion euros) was $ 660,000 million. This is an unbalanced balance: China sells three times more to the United States, and in the logic of Trump’s negotiations, its solution seems to be easy, as it is theoretically losing the current tariffs. At the moment, imports from the United States from China fell to $ 29.4 billion in March, the lowest -level, complete pandemic since March 2020.
On Thursday, Trump, as usual, is a positive sign that the United States trade deficit is being repulsed by the United States trade deficit as the United States trade deficit, to turn the facts from turning the facts and not to accept the setback. “We have lost a billion dollars a year. Now we lose anything, you know? I saw,” Trump said, “This weeks have suffered these weeks to maintain the impact of their trade policies. A difficulty that symbolizes an unbeatenly symbolic of the girls he has for the girls he holds “Two toys instead of 30” And he was a traditional commentator Kevin d. Williamson was pushed to the title of “Trump Socialist”. One of its columns.
Chinese authorities seem to have more confidence in the ability of the indigenous people suffering. Perhaps that is why Beijing has not signaled that the US president’s negotiator is afraid of the manual. “All stockers are just paper tigers,” the Chinese Foreign Ministry said last week. “If you kneel, ask you to abuse yourself.”
Trade disputes between the two powers have also entertained a good part of Trump’s first administration. Then, the The case of war Beijing is accused of giving the advantage of its technical institutions to unjust strategies such as cyber attacks. Then, in January 2020, when China agreed to buy more American products and Trump is still not imposing high tariffs. To address one of the largest points: Chinese concessions To local technical organizations.
Since then, Trump has done its homework in the Asian country to return to the White House. Exports to the United States fell from 19% to 15% between 2018 and last year, According to the Atlantic Council calculations.
