TwitterFacebookPinterestGoogle+

Trump says he has not agreed to roll back tariffs on China


U.S. President Donald Trump told reporters Friday he has not agreed to roll back tariffs on China but that Beijing would like him to do so.

Officials from both countries on Thursday said China and the United States have agreed to roll back tariffs on each others’ goods in a “phase one” trade deal, should it be completed.

Without laying out a timetable, the Chinese Commerce Ministry said the two countries had agreed to cancel the tariffs in phases.

“China would like to get somewhat of a rollback, not a complete rollback, because they know I won’t do it,” Trump told reporters, speaking on the White House lawn.

“We’re getting along very well right now with China, they want to make a deal,” he said. “Frankly, they want to make a deal a lot more than I do.”

A U.S. official, speaking on condition of anonymity, confirmed the rollback would be part of the first phase of a trade agreement that is still being put to paper for Trump and Chinese President Xi Jinping to sign.

But the comment was soon shrouded in doubt after Reuters reported the plan faced stiff internal opposition in the U.S. administration.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.