The USA declares “significant progress” after the first meeting on tariffs with China since the commencement of the trade war | International
“Productivity.” This Sunday this Sunday Treasury Secret Scott Bezents, this weekend conversations between China and the United States this weekend Talk about punitive tariffs Donald Trump is mutually punished by two powers since he launched his world trade war. Beses promised on the allegations made in Geneva (Switzerland), “We will give more details tomorrow.” On the second day of the meeting with the Treasury Secretary Media, Trump spoke at the highest level, and since then, the two countries have been angry with the two countries. “I am happy to inform you that we have made significant progress,” he said.
Other major negotiator of the United States, the International Commerce Representative of the Trump administration, Jamison Gerer, suggested that the two parties had entered into an agreement. “The President (Trump) declared a national emergency to impose his tariffs, and now we believe that we believe that the torn agreement with our Chinese partners will help us to solve that national emergency.”
Over the weekend, both teams spoke secretly at the fence premises of the American Ambassador in Switzerland. Trump posted a message in Washington Time on Saturday night at his social networking Truth, in which he said: “The meeting with China in Switzerland is very good today. To US companies from China. Great progress !!! ”, Wrote.
Trump did not give evidence of those “many agreements”. It did not reveal whether they had reached Geneva with an offer to reduce the tariffs imposed by the United States to 80%, and the number was high on another message on its social network on Friday. This is the first time he has given qualities to get into his trade war with Beijing.
Conflicts between the two capitals have climbed up to 145%of the rates covered by up to 145%of the United States, which does not apply to a range of technical products, which is crucial to the survival of the Silicon Valley, whose magnets have approximately Trump positions during the campaign and have the first bars of its second presidency.
At the end of this Sunday in China, their authorities have not added nothing to their brief statement earlier, which has begun to conclude that the conversations have begun, which is already successful. Beijing was taxed on Washington with a 125%mutual tariff, which increased by the increased end, in which Trump was engaged in two capitals after Trump announced ten thousand battery taxes to their trade partners. Then, in view of the impacts of the sole promise of these actions for the economy, the US president raised those tariffs and on the left Universal is 10%for all countries except China.
Official Agency Xinhua’s editorial, published on Saturday night and replica In Diyario Dell Pueb, The Chinese Communist Party’s official promotional organization has not given evidence of the content of the appointment. Zinhua’s article suggests that Beijing does not expect big ads. The text says “Switzerland’s conversations are a key step to solve the problem.” “However, its accurate resolution requires a tactical tolerance and perseverance, as well as the company’s support for justice for the international community.”
Reducing the tariffs on the table in Switzerland, China is less in taxes for the United States, because 125% of mutual Washington adds 20% of the so -called “Fentanil Tariff”, which has also fell into Mexico and Canada. The White House has three countries of international traffic for that powerful opioid.
They went for the American part Bessent And Greer. On the second day of the Chinese team, he was led by the Vice Actress Minister of Bijing’s trade relations. Bestent did not come with the idea of achieving a “great trade agreement”; As he said in an interview to Fox News, he was formed in the previous days to “reduce tensions”.
Howard Lutnic, the Secretary of the Economics, who is another member of the Cabinet’s aggressive and volatile trade process, is usually a news chakra to feed the unprecedented news cycle on Sunday morning in one of the political interviews working in Washington.
Achieve Decala
“The goal (conversations with China) is to achieve Decelt. Those numbers, 145% and 125%, are the basic blocking of trade between countries. We have to put a conversation account to zero,” Lutnic said, at the end of the talks in another interview in Fox News 34%, this is the rate declared on Trump 2 April.
In order to embrace the spirits, the editorial of the Xinhua has only seen an option: Trump administration first reduces the tariff barrage. “If Washington really is determined to solve Commercial conflicts Through the conversation, it must first deal with its policies not only for the global trade system, but also to its own economy and its citizens ”.
Punishment methods are already upsetting global supply chains. US companies look for products beyond Their Chinese suppliersWhile in Beijing they will explain new ways to escape tariffs and increase exports to Southeast Asia. In the United States, factories will discuss the extent of prices to deal with these new tariffs. Inflation, during the controlled time, is one of the most following indicators in Washington, where the risk of depression floats in the environment.
According to Chinese authorities, their exports to the United States have fallen in April 21%, because due to tariffs, it is already causing to reorganize their trade to Southeast America, Latin America, Europe and Africa. In March, garbage data was entered from the pandemic.
Trade exchange Between the two largest powers, $ 660,000 million last year (about 533 billion euros) last year. 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 the opposite of losing current tariffs with current tariffs.
If it knows their details, the “significant progress” announcing Besten is enough to sign up or in that “art of discussion”, he is very umes and used to have a book of his first memory.
