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Trump ready for a peaceful truce with China




  Xi Jinping and Donald Trump

One source of planning knowledge said President Donald Trump's decision to postpone further tariffs was the price of Chinese President Xi Jinping to hold the meeting at

SOUTH CHINA

Updated


This story is published as part of a partnership with South China Morning Post. The US and China hesitantly agreed with another truce in their trade war to resume talks aimed at resolving the dispute, sources familiar with the situation said. 19659011] Details of the agreement are set out in press releases before the meeting between Chinese President Chen Dingpin and President Donald Trump at the summit of the 20 leaders in Osaka, Japan this weekend, three sources – one in Beijing and two others in Washington – he said.

Such an agreement would prevent the next round of additional Chinese import tariffs of 300 billion dollars, which would increase tariffs to almost all shipments to the United States. for the remaining untaxed Chinese goods if negotiations for this weekend develop badly.

One source of planning knowledge said Trump's decision to postpone further tariffs was the price of Xi for the Osaka meeting.

"But reality is President Trump, who can always change his heart," the source said. "But the truce cake seems to have been baked."

Neither the White House nor the US Trade Representative's Office had comments on the reports.

Trump repeated on Wednesday that he was willing to impose additional tariffs on China if the Osaka talks failed, but offered additional duties to start at 10 percent.

A senior Trump administration official told Politiko earlier this week that it was possible to slow down tariffs but warned that "nothing is certain, absolutely nothing."

It is not clear if Trump will set a deadline to reach an agreement as before.Two sources proposed a deadline of six months to set the deadline by the end of the year

As the war began almost a year ago, Trump imposed 25% tariffs on $ 250 billion worth of Chinese goods, one source based in China Washington, familiar with the talks, said there was "continuous attempts to coordinate press releases," but added that there was still no specificity with regard to decisions on tariffs or timelines within these communications.

The person who speaks on condition of anonymity, said that both sides are expected to publish consistent press releases after the summit, unlike a single statement.

Such a strategy would correspond to the announcements following the last two presidents' meeting following the G20 summit in Buenos Aires, Argentina in December 2018, which resulted in a quarterly promise to halt the further escalation of tariffs [19659009] Betting rose even further after Trump promised to subdue all Chinese imports of new tariffs.

The language of all statements that come out of the Sabbath meeting – whether through a joint communique or individual statements – is certain after the same intense inspection. After the dinner in Buenos Aires, the two countries published their own statements, which, although they generally differed in a number of important details, triggered immediate control among the analysts who wanted to shed light

The extinct of the talks in Beijing, for example, was some mention of the 90-day deadline for both parties to reach an agreement before higher US tariffs were introduced. The White House statement says China has agreed to resume agricultural purchases immediately, there is no such commitment in the Chinese version.


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