euachina

China denies tariff talks with the United States…

China denies being involved in tariff negotiations with the Trump administration, officials say. The statements contradict rumors that the world's two largest economies have begun trade discussions…

"China and the US have not held consultations or negotiations on the tariff issue, let alone reached an agreement," Chinese Foreign Ministry spokesman Guo Jiakun said at a press conference on Thursday (24), classifying reports of US-China negotiations as "fake news."

The same message was conveyed by China's Ministry of Commerce, which said it had not held trade talks with the United States and called on the Trump administration to suspend unilateral tariffs.

"Any allegations about the progress of economic and trade negotiations between China and the US are groundless and have no basis in fact," He Yadong, a spokesman for the Ministry of Commerce, said at a weekly press conference.

China is open to dialogue based on mutual respect, He added. "If the US really wants to solve the problem, it should take the rational voices of the international community and domestic sectors seriously and completely eliminate all unilateral tariff measures against China."

#BinanceAlphaAlert #euachina

Trump says that the US will set the terms if China does not reach a trade agreement

The President of the US said that tariffs will not be "anywhere near" the current 145%

The President of the United States, Donald Trump, said this Tuesday (22) that if China does not agree to a trade agreement, the US will set the terms.

#euachina