Exclusive: China backtracked on nearly all aspects of U.S. trade deal - sources

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The diplomatic cable from Beijing arrived in Washington late on Friday night, wi...

WASHINGTON/BEIJING - The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world’s two largest economies, according to three U.S. government sources and three private sector sources briefed on the talks.

U.S. President Donald Trump responded in a tweet on Sunday vowing to raise tariffs on $200 billion worth of Chinese goods from 10 to 25 percent on Friday – timed to land in the middle of a scheduled visit by China’s Vice Premier Liu He to Washington to continue trade talks. Chinese Foreign Ministry spokesman Geng Shuang told a briefing on Wednesday that working out disagreements over trade was a “process of negotiation” and that China was not “avoiding problems”.

One private-sector source briefed on the talks said the last round of negotiations had gone very poorly because “China got greedy”. Chinese negotiators said they couldn’t touch the laws, said one of the government sources, calling the changes “major.”

 

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美国不是在谈判,而是在下命令、恐吓、威胁、敲诈勒索,这对任何国家都是痛苦——大多数国家只能屈服、接受,至于中国,很难说会全盘接受。

It's funny that the medias are always laughing at China's hesitation over the trade talk...but wait! Who started this shit?

This is 1-sided report on leaks by US officials, i.e. propaganda and lies. Doesn't sound like negotiation, US demanding this and that. No compromise. China's govt is not stupid, they are well prepared & strong enough to play the long game esp. when they hold $1.2T Tbills.

Playing trump for a chump

The REAL 'art of the deal', Illuminates the Serial FRAUDSTER in the White House!

The Chinese back tracking on agreements? What?! No way! Said no one ever. cdnpoli

If those leaks are true, it is no wonder China gave up. Those are total surrender terms, not win win deal & China is better off selling off usd1.1t TBs to focus on domestic demand/BRI. Tax American companies selling products in China without producing there.

They did it for “sport” What? It’s In vogue right now.

realDonaldTrump is a buffoon.

And then, guess what if it was Hill 🤣 realDonaldTrump TY.

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