US President Donald Trump said that he was not looking for an opportunity to conduct a summit with Chinese PRC Xi Jinping against the backdrop of tariff tension between the two countries, but did not rule out a visit to China on a personal invitation of the Chinese leader. The chairman of the SI.
“Fake news claims that I am striving for the Summit with the chairman of the PRC SI. This is not true – I am not looking for anything,” the head of the White House wrote, adding that “he can go to China, but only at the invitation of SI.”
, meanwhile, the third round of the American Trading negotiations began in the capital of the Sweden – Stockholm. It is expected that two-day consultations will be held with the participation of the US delegation, headed by the Minister of Finance Scott Cessent and the Chinese delegation led by Deputy Prime Minister He Lifen, who oversees economic relations.
exacerbation of the tariff confrontation between the United States and China
The tension in trade relations between the two countries intensified after April 2, on April 2 Trump announced the introduction of additional duties on products of a number of countries, including China. In response, Beijing introduced mirror restrictions, after which Washington raised tariffs for Chinese goods to 145%, and China – to 125% for American products.
After the escalation, the parties held on May 10-11 in Geneva, where they agreed on a mutual reduction in duties by a period of 90 days. From May 14, the United States reduced tariffs from 145% to 30%, and China – from 125% to 10%.
The second round of negotiations took place in June in London, where the parties agreed on a “framework agreement” for the implementation of the achieved agreements in Geneva.