US-China trade negotiations High tariffs on iPhone Can be avoided? November 21, 11:55
US President Trump said that he had not reached the level I wanted over trade negotiations with China, indicating that more concessions on the Chinese side were necessary to reach an agreement. The American media tells us that it may be difficult to reach an agreement within the year, and it is likely that negotiations will continue.
President Trump said in his visiting state of Texas on the 20th that he was “not at the level I wanted” to negotiate with China to sign the first-stage trade agreement. He showed that the Chinese side needs further concessions.
Also, the US media claimed on the 20th that the Trump administration insists that drastic structural reforms such as efforts to protect intellectual property rights by the Chinese side are necessary in order to respond to the elimination of some of the tariffs China demands. It is said that it may be difficult to reach an agreement within the year.
US negotiations with China are planning measures to add high tariffs to iPhone imported from China on the 15th of next month.
However, since the US economy could be hit if it is actually activated, it seems that it is aiming for an agreement before this, and it seems that the last minute negotiations will continue.