President Trump “Some US companies withdraw from China due to expansion of tariffs” August 31 11:04
US President Trump has shown that some US companies will withdraw from China by expanding the scope of tariffs on imported goods from China on the 1st of next month, and China has to make concessions in trade negotiations. If the economy deteriorated, it was tempered.
The US government will launch measures to expand the scope of customs duties on imported goods from China on the 1st of next month, but the Chinese side has also announced that it will immediately retaliate, and the tariff increases It is a situation that does not stop.
About this, President Trump said at the White House on the 30th, “There is information that 13% of American companies will withdraw from China due to this increase in tariffs. We will win this battle,” China talks about trade. If he did not make a concession, the Chinese economy would get worse.
After that, the US-China ministerial-level talks scheduled to be held in Washington in early next month said, “We have not been canceled, so look at the situation.” The US side expressed its intention to discuss.
Regarding trade negotiations between the United States and China, the US side is demanding purchases of a large amount of agricultural products, while the Chinese side seems to be seeking to ease tightening on communication equipment giant Huawei, etc. It is impossible to predict whether negotiations will progress.