China Expected to agree on the first-stage principle in US-China trade negotiations December 13 18:02
Chinese media said that the US-China trade negotiations reached a first-stage principle agreement and that the Trump administration would postpone measures to add tariffs on imported goods from China. A spokesman from the Ministry of Foreign Affairs said at the conference that “not only the United States and China but also the international community is expecting” and expressed an expectation for early agreement on negotiations.
Several US media reported that the US-China trade negotiations reached a first-stage principle agreement and that the Trump administration's plan to postpone measures to add import duties from China planned on the 15th It was.
Furthermore, the media reports that the US is considering reducing tariffs that have already been added to some extent.
In this regard, Chinese Foreign Ministry spokesperson Hua Chun Sung said at a conference on the 13th that “the US and China have reported that they are approaching the first stage agreement, and the stock prices in both the European and US stock markets have risen. This means that reaching an agreement through negotiations is not only a benefit for both countries, but is also expected from the international community, ”he said.
In addition, Foreign Minister Wang Yi spoke on diplomatic issues and said, “I would like to resolve contradictions and differences of opinion between the two countries through dialogue based on the idea of equality and respect for each other.”
If the US cuts tariffs that have already been added, it will be the first time since the trade friction has become intense, and there is interest in the direction of negotiations.