President Trump trade negotiations with China “No deadline” Dec. 4: 5:47
President Trump of the United States said that there will be no deadline for trade negotiations with China, which has been eager for an early agreement, suggesting the possibility of prolonged talks. If the US side does not reach an agreement by the 15th of this month, it seems that China will be making a concession to trigger additional tariffs, but the issue of negotiations has become uncertain due to the problem of Hong Kong.
President Trump has shown a strong willingness to agree on the first stage of trade negotiations with China, but on the 3rd of his visit in London, “There is no deadline for negotiations. You can wait until next year's presidential election.” And suggested the possibility of prolonged negotiations.
In addition to disagreements over the elimination of some of the tariffs China demands, the Chinese government announced countermeasures against President Trump's enactment of the Hong Kong Human Rights Act, and trade negotiations There was a view that would affect the.
The US side is still looking to make a concession to China as it will trigger additional tariffs on smartphones imported from China if trade negotiations do not reach agreement by 15th of this month.
If tariffs are triggered, it will be inevitable that the US and China will hurt the economy, but the direction of negotiations is uncertain.