US, China confirm trade negotiations will continue in Beijing despite new tariffs imposed on Chinese goods
“Negotiations have not broken down,” Liu, China’s chief negotiator in the talks, said, according to state television.
“Right now, both sides have reached mutual understanding in many things, but frankly speaking, there are also differences. We think these differences are significant issues of principle,” Liu said. “We absolutely cannot make concessions on such issues of principle.” But underscoring a lack of progress in the talks, Trump ordered a further escalation of tariffs.
One of those is over tariffs, Liu said, according to a transcript of the Q&A published by Phoenix, a Hong Kong-based television station that is close to Beijing. China believes that tariffs were the genesis of the trade dispute, and that if both sides wanted to reach an agreement, then all tariffs must be eliminated, Liu said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. poised to double tariffs on $200 billion of Chinese imports, escalating U.S.-China trade warU.S. poised to more than double tariffs on $200 billion of Chinese imports, escalating trade war; talks expected to resume Friday
Read more »
Trump doubles tariffs on $200 billion of Chinese imports, escalating U.S.-China trade warThe tariffs took effect at 12:01 a.m. Friday, with trade talks expected to continue.
Read more »
US, China wield threats going into high-stakes trade talksThe talks were thrown into disarray this week after top US trade negotiator Robert Lighthizer and Treasury Secretary Steven Mnuchin accused the Chinese of reneging on commitments they made earlier.
Read more »
U.S. hikes tariffs on Chinese goods, China says to strike backU.S. President Donald Trump's tariff hike on $200 billion of Chinese goods takes effect by davelawder
Read more »
Chinese delegation will come to the US for trade talks after Trump tariff threatThe team from Beijing was set to start talks with American negotiators on Wednesday as the world's two largest economies push for a trade agreement.
Read more »
Escalation in U.S.-China trade spat is biggest threat to world growth: Le MaireFrench Finance Minister Bruno Le Maire on Friday said that an escalation in the ...
Read more »
China may withdraw from this week's trade talks with U.S. after Trump threats: reportChina may pull out of trade talks scheduled for this week in Washington after President Donald Trump said he would raise tariffs on $200 billion in Chinese...
Read more »
Trump tariffs loom as US-China trade talks resumeBeijing threatens to retaliate if US goes ahead with a planned increase in tariffs on Chinese goods as trade officials from both sides meet to find a way out of the impasse
Read more »
Trump says talks with China to continue as trade war escalatesU.S. President Donald Trump said on Friday that trade talks with China would con...
Read more »
Ahead of U.S.-China trade talks, Xi writes to TrumpU.S. poised to increase tariffs on $200 billion in Chinese goods Friday morning
Read more »