The move came less than 24 hours after Washington increased punitive duties on $200 billion worth of Chinese imports
WASHINGTON - US President Donald Trump cranked up the heat in a trade battle with China on Friday, ordering a tariff hike on almost all remaining imports from the world’s second-biggest economy, but Beijing said talks would continue to resolve the row.
Details on the process for public notice and comment will be posted Monday, ahead of a final decision on the new tariffs, Lighthizer said. They were not expected to go into effect for several months. “The relationship between President Xi and myself remains a very strong one, and conversations into the future will continue.”
US Treasury Secretary Steven Mnuchin and Lighthizer met for about two hours with Liu on Friday and then headed for the White House to brief Trump, who had said he was in no hurry to reach a deal, arguing the United States was negotiating from a position of strength. “The US hopes China will make greater concessions in many areas, these concessions might harm a foundation of our economic development or impact our institutional reform,” Yang said.Washington is pressing China to change its policies on protections for intellectual property, as well as massive subsidies for state-owned firms, and to reduce the yawning trade deficit.
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