Nevertheless,
Trump will have last word new:
Trade war –
Trump will have the last word on a commercial truce with China – Trump will have last word new
After two days of “constructive” discussions in Stockholm. Meanwhile, the extension of the customs break remains suspended from the decision of the American president.
US President Donald Trump will decide the fate of the truce on customs taxes between China. In addition, the United States.
AFP
Beijing. Therefore, Washington On Tuesday of “constructive” discussions on Tuesday after two days of commercial negotiations in Stockholm, but it is Donald Trump who will have the last word on the extension of the truce on customs taxes between the two countries, insisted the Americans.
“Nothing has yet been decided until we talk to President Trump,” said Treasury Secretary Scott Bessent at a press conference.
He said he. For example, the trade representative Jamieson Greer, who represented the United States to Stockholm discussions, would see Donald Trump on Wednesday to discuss him with him.
The president will have “the last word. trump will have last word new In addition, ” insisted Jamieson Greer before the journalists, adding that a possible new break would run over the ninety days.
Extend the commercial truce – Trump will have last word new
A little earlier. Furthermore, the representative to international trade Li Chenggang, who took the Chinese delegation, had indicated that Washington and Beijing were going to “continue to work” in favor of an extension of the commercial break, according to the official news agency Xinhua.
The discussions in the Swedish capital aimed. among other things, to prolong the break of ninety days negotiated in May in Geneva and running until August 12, which had ended reprisals on both sides of the Pacific behind prohibitive surcharge.
This had made it possible to reduce customs duties to American. Chinese products, respectively at 125% and 145%, at a trump will have last word new more modest level of 10% and 30%, which are added to those already existing on a certain number of products, before the return of Donald Trump to the White House at the end of January.
The two parties reported “constructive” discussions in Stockholm.
An imminent deadline
The United States. China have exchanged its views on the main economic and commercial issues, and intend to maintain close communication, said Li Chenggang, quoted by Xinhua.
The Americans clarified having. without surprise, raised the question of the purchase by China of large volumes of Russian and Iranian oil. “We expressed our concern,” said Scott Bessent.
The talks in Sweden took place at the start of a decisive week for the trade policy of President Donald Trump. trump will have last word new the customs duties applied to most of the main trade partners of the United States having to know a sudden increase August 1.
Faced with this imminent deadline, several countries rush to conclude an agreement with Washington.
No agreement reached between Washington. Beijing
Sunday, Donald Trump and the president of the European Commission Ursula von der Leyen announced in Scotland a trade agreement providing that European products exported to the United States are taxed at 15%.
Washington has not yet managed to win only five other trade agreements -. more often intention of intention than formal agreements.
Indonesia. Japan, the Philippines, the United Kingdom and Vietnam have so far been able to get along with the United States and given their reduced trump will have last word new potential customs duties, generally between 10% and 20% for most of them.
For other countries. the 1is August will have to mark the entry into force of the surcharge announced by Donald Trump.
To date. no lasting agreement on the substance has been reached between Beijing and Washington, but progress has been made on subjects deemed essential on both sides.
The United States has thus obtained a relaxation of the export restrictions of. the rare Chinese earths while China has seen its access to the most efficient American semiconductors are partly restored.
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