US President Trump says ready to impose another round of punitive tariffs on Chinese imports if he cannot make progress in trade talks with China’s President Xi at G20 summit
US President Donald Trump speaks while welcoming Team Penske, champions of the 103rd Indianapolis 500, on the South Lawn of the White House in Washington, US. on June 10, 2019.
Trump said last week he would decide after the meeting of the leaders of the world’s largest economies whether to carry out a threat to impose tariffs on at least $300 billion in Chinese goods.“We are scheduled to talk and to meet. I think interesting things will happen. Let’s see what happens,” Trump told reporters at the White House.China’s foreign ministry said on Monday that China is open to more trade talks with Washington but has nothing to announce about a possible meeting.
The US government has also angered China by putting Huawei Technologies Co Ltd on a blacklist that effectively bans US companies from doing business with the Chinese firm, the world’s biggest telecoms equipment maker. In an interview with CNBC, Trump said the Huawei dispute could be addressed as part of a trade deal with China.The escalating trade war between the world’s two largest economies has unnerved financial markets with worries that it could further disrupt global manufacturing and supply chains and push an already slowing global economy into recession.
Many US business groups oppose the tariffs, with companies worried about slowing demand as they pass higher prices along to consumers and manufacturers across a range of products.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
China may restrict tech access in spiraling US trade disputeBEIJING (AP) — China is creating a system to protect its technology, according to state media, as the U.S. restricts the access of Chinese companies to American technology in a spiraling trade...
Weiterlesen »
China Imports Fall as Trade Conflict With U.S. Saps DemandChina’s imports dropped sharply last month, in a fresh sign of anemic demand in the domestic economy, adding to the pressure on Beijing as it struggles to manage trade tensions with the U.S.
Weiterlesen »
Markets can cheer: China appears to finally be addressing its US trade surplusTrade problems with China appear to be on the mend, writes Michael Ivanovitch.
Weiterlesen »
U.S. Targets Efforts by China, Others to Recruit Government ScientistsThe U.S. Energy Department has banned its scientists and most contractors from participating in talent-recruitment programs sponsored by China and some other foreign governments after finding that its personnel have been recruited by foreign military-affiliated programs.
Weiterlesen »
China may restrict tech access in spiraling US trade disputeBEIJING (AP) — China is creating a system to protect its technology, according to state media, as the U.S. restricts the access of Chinese companies to American technology in a spiraling trade...
Weiterlesen »
French Finance Minister Le Maire: 'A trade war would mean an economic crisis all over the world, and especially in Europe'French Finance Minister Bruno Le Maire said governments need to clearly distinguish between national security concerns and trade disputes.
Weiterlesen »