US President Donald Trump has decided to extend the relaxation with Beijing on the customs duties, on Monday, the theoretical end of this truce between the two powers.
The Head of State has signed a decree to formalize the extension of this truce, according to the CNBC television channel, specializing in the American economy, and the Wall Street Journalwho cite an anonymous white house manager. The White House did not follow up on AFP requests immediately.
Committed to the spring in a commercial confrontation with exorbitant customs rights, a three -digit percentage, Beijing and Washington had ended up concluding a 90 -day truce in May in Geneva. This agreement has temporarily set the US surcharge on Chinese products at 30%, while Beijing Taxes on American products amount to 10%.
Several cycles of negotiations involving senior officials on both sides then took place in London then Stockholm, to avoid a new embraces and maintain the truce on the rails, without it being officially extended beyond August 12.
“We will see what will happen”
Earlier in the day on Monday, Donald Trump said that the negotiations were going “rather well”. “We will see what will happen. (…) The relationship between President XI (Jinping) and I is very good, “said the head of state to the press from the White House.
Beijing had reported for his part wishing a “positive” outcome in negotiations with Washington. “We hope that the United States will work with China to respect the important consensus reached during the telephone interview between the two heads of state [en juin, ndlr]… And will endeavor to obtain positive results on the basis of equality, respect and mutual benefit, “said the spokesman for the Ministry of Foreign Affairs, Lin Jian, in a statement.
The American representative in trade, Jamieson Greer, said, after negotiations in Sweden, that Donald Trump would have the “last word” on any prolongation of a pricing truce.
American soy
The American president seemed determined to obtain last -minute concessions. On the night of Sunday to Monday, he published a message on his Truth Social platform, calling China to “quadruple its American soy purchases”.
“China is worried about lacking soybeans. Our brilliant farmers produce the best soybeans, “wrote Donald Trump, saying that this would also make it possible to” significantly reduce “the trade deficit in the United States with China, via a start in Chinese imports. He concludes a “thank you president XI”.
The American president also said on Monday, via a press release published on his Truth Social platform, that gold would remain exempt from the new customs duties he has implemented. After an article by the Financial Times and the publication of an American customs document, investors were worried at the end of last week to see certain ingots ultimately taxed. The precious metal had then crossed a new record.