Trump praises friendly, constructive ‘US-Kita Trading Talks

Donald Trump says that after the first day of the talks between US and Chinese officials in Switzerland, a “general reset” in the US-Kita trade relations occurred.

In a social media report, the US president called the talks as “very good” and stated that the changes were “negotiations on a friendly but constructive, manner”.

The escalation trading war between Washington and Beijing saw that the US president got to Chinese imports in the US with a 145%tariff. China avenged a 125% collection of some US goods.

After months ago, both countries meet in Geneva this weekend for the first time after Trump got to China with tariffs at the beginning of the year.

Until now, there has been little information that is not included in the truth of the US president. They must continue on Sunday and pass between Chinese Deputy Prime Minister, which he occupies a RAM and US Treasury Minister Scott Baby.

“We want to see for the sake of good both the US and the US, the opening of China for American business. Great progress has been made !!!” Trump added.

On Friday, White House press secretary Caroline Levita said Washington would not reduce tariffs unilaterally, and China will need to make its concessions.

Both sides issued various other warnings before the meeting, and Beijing said the US should alleviate the tariffs, while the infamous emphasized that the focus was on “de -escalation”, and it was not a “big trading deal”.

Chinese state media reports that Beijing has decided to interact with the United States after a complete consideration of global expectations, the interests of the country and called on US business.

Last month, BBC found that Chinese exporters fought tariffs on the US – One company, Sorbo Technology, said that half of its products are usually sold in the US and is now sitting in boxes in China.

Meanwhile, in the first three months of the year, the US economy decreased – has concluded 0.3% – when firms were racing to get goods to the country.

The trade war between China and the US intensified last month after President Trump announced a universal basic tariff for all imports in the United States, what he called “Liberation Day”.

About 60 trading partners, which the White House called the “worst offenders”, were higher than others. The list includes China and the European Union.

Trump has said this is a payback for many years that cost an unfair trade policy for the US.

He also separately announced 25% of the import tax on all the steel and the aluminum coming to the US, and another 25% tariff for all cars and car parts.

Last week was announced that US and UK agreed with the dealIn which 25% will decrease up to 10% for a maximum of 100,000 vehicles in the UK – corresponding to the number of cars that were exported to the UK last year.

Cars are the largest exports to the UK in the US, worth about £ 9 billion last year.