From left to right, US Ambassador to China Terry Branstad, US Trade Representative Robert Lighthizer, US Treasury Secretary Steven Mnuchin, and Chinese Vice Premier Liu He talk after concluding their meeting at the Diaoyutai State Guesthouse in Beijing, China, May 1, 2019.
China’s door to talks with the United States about their trade dispute is always open, but China will not yield on important issues of principle, state media said on Sunday. There are no winners in a trade war, and China does not want to fight but is not afraid to do so, the ruling Communist Party’s People’s Daily said in a commentary due for publication on Monday, but whose text was carried by the official Xinhua news agency the night before.President Donald Trump said on Sunday that the United States is “right were we want to be with China,” adding that Beijing “broke the deal with us” and then sought to renegotiate.
We are right where we want to be with China. Remember, they broke the deal with us & tried to renegotiate. We will be taking in Tens of Billions of Dollars in Tariffs from China. Buyers of product can make it themselves in the USA , or buy it from non-Tariffed countries...
Trump has insisted that China has picked up the tab for his tariff campaign, not American consumers. But prices are up on a host of products as diverse as bicycles, sewing machines and pet supplies, and government data shows US consumers have already had to pay more since the first round of tariffs kicked in last fall.
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