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The United States may impose new duties on Chinese goods after the conclusion of negotiations with Canada

on Thu Sep 06, 2018 8:13 pm
US President Donald Trump continues to insist on import duties on Chinese goods worth $200 billion. He can take the appropriate decision after the conclusion of the trade negotiations with Canada.

This was reported by Reuters.

In particular, a successful trade agreement with Canada in the United States is used in negotiations with China as an additional argument in favor of redefining trade agreements.

"It is hoped that concluding a new North American Free Trade Agreement will put additional pressure on China and the rest of the world and help us negotiate the best trading conditions," said Kevin Hasset, chairman of the council of economic advisers at the White House.

It should be noted that trade talks between the representatives of China and the United States are underway to conclude a new trade agreement.

On August 23, it was reported that China and the United States  introduced reciprocal customs duties  of $32 billion in trade between countries.

Earlier, Trump stated that the  effect of imposing duties  on Chinese goods was "much better" than was expected by the American government.

On August 1, it became known that Donald Trump offered to introduce a  customs duty of $ 200 billion in  Chinese imports in the amount of 25%. This is 2.5 times more than he said before.

On July 31, it was reported that the United States and China were preparing to  resume trade talks . In particular, it was reported that the US Treasury Secretary, Stephen Mnuchin, had several private talks with Vice-President of China discussing the terms of the resumption of negotiations. According to Reuters,  talks between  US and China trade delegates were held in Washington from 21 to 22 August.

Representatives of China said that negotiations with the USA  "were constructive" , but none of the parties reported on the concrete results of the talks.

On July 11, it became known that Donald Trump is preparing to introduce a  further portion of customs duties on imports of  Chinese goods at a rate of 10%. The customs duties will apply to goods, the total cost of which is $200 billion.

Subsequently, Trump stated that he plans to impose duties on  all imports from China, the cost of which is half a trillion dollars.

On July 6, the Chinese authorities put in place a decision to  impose customs duties  on US $34 billion in US imports a few hours after the $34 billion customs duty imposed on the Chinese goods came into force in the United States.

hromadske.ua    In Ukrainian/український
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