Trump extends the commercial truce between the United States and China by 90 days

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Trump extends commercial truce between:

A few hours before the expiration of the commercial truce concluded in the spring. Meanwhile, Donald Trump decided to play the soothing card with Beijing. Similarly, The American president signed a decree extending by 90 days the suspension of tariff climbing between the two powers. Furthermore, according to CNBC and the Wall Street Journalquoting an official of the White House. Furthermore, China “continues to take important measures (…) to meet the United States concerns about economic. For example, national security,” said Donald Trump, confirming the signing of a decree on this subject.

This decision comes as the initial break. concluded in May in Geneva, set at 30 % the US surcharge on Chinese products, against 10 % for the rights imposed by Beijing on American products. Since then. several cycles of discussion have taken place in London and Stockholm to avoid a new trump extends commercial truce between conflagration, but no official extension had been announced before the deadline of August 12.

Trump. promoter of American soybeans – Trump extends commercial truce between

Monday morning, Donald Trump said that the negotiations were going “rather well” and highlighted his good understanding with Xi Jinping: “The relationship between President XI and I is very good,” he said from the White House. For his part. Beijing expressed his wish to lead to a “positive” outcome, calling Washington to respect the consensus found in June between the two heads of state and to work on the basis of “equality, respect and mutual benefit”, according to the spokesman for the Chinese Foreign Ministry, Lin Jian.

Our file on American customs duties

The American representative in trade. Jamieson Greer, had warned after talks in Sweden trump extends commercial truce between that Donald Trump would have “the last word” on any extension. During the night of Sunday to Monday. the American president also arrested Beijing on his Truth Social platform, calling him to “quadruple his American soybean purchases” in order to reduce the trade deficit and support local producers. “China is worried about lacking soybeans. Our brilliant farmers produce the best soybeans, “he wrote, concluding by:” Thank you President XI “.

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