If there is no trade agreement with Beijing, March 1 is the date when U.S. tariffs will increase.
United States. – Donald Trump,America president, He promised that he didn’t expect to meet His Chinese counterpart Xi JinpingBefore March 1, if there is no trade agreement with Beijing, the date when U.S. tariffs will increase.
Donald Trump has held several new meetings with Xi Jinping. He traveled to Vietnam in late February for a summit with North Korean leader Kim Jong Un, sparking speculation about the upcoming meeting.
Regarding whether a face-to-face meeting with Xi Jinping has been arranged, Trump said: “Not yet.”
Regarding the possibility of a meeting on March 1, he said “no” during a brief exchange with reporters in the Oval Office.
At the last meeting in Buenos Aires in early December, the leaders of the two countries agreed to a truce in the trade war for 90 days in order to reach an agreement.
Trump administration warned If no agreement is reached, tariffs on US$200 billion of Chinese imports will increase from the current 10% to 25%.
Robert Lighthizer, the US trade representative who led the negotiations, will visit China next week to continue the talks. He will be accompanied by Treasury Secretary Steven Mnuchin.