US-China Trade Negotiations A part of US tariff withdrawal is indispensable for the agreement China Ministry of Commerce, November 14, 19:29
As the negotiations for the first-stage agreement continue in the trade negotiations between the United States and China, in order for the Chinese side to reach the agreement, the Trump administration will add some of the tariffs already added to imported goods from China. He stressed the recognition that withdrawal is essential.
In the talks for the first-stage agreement between the US and China, the focus was on withdrawing the tariffs that were added to each other's imports, and the Chinese side said, “We agreed on a gradual reduction in tariffs.” On the other hand, President Trump disagrees with their opinions, such as denying that there is no agreement on customs duties.
In this regard, spokesman Takamine of the Chinese Ministry of Commerce said at the press conference on the 14th that “the extent to which tariffs are withdrawn is important for the first-stage agreement” Emphasized the recognition that withdrawing a part of
Trump President Initially, according to the APEC Leaders' Meeting was scheduled to be held in Chile at the end of this week, it makes Xi Jinping Jintao and the summit meeting, was the intention that you want to sign a formal agreement.
However, it seems that there is no agreement about the concrete scale of American agricultural products purchased by China, and it is unclear whether it can be agreed.