US President Donald Trump said that China “broke the deal” during trade negotiations.
“They broke the deal… They can’t do that. So they’ll be paying,” Trump told supporters at a campaign rally.
At the same time, Trump confirmed that Chinese Deputy Prime Minister Liu He will arrive in Washington on Thursday.
Last Sunday, Trump promised that on May 10, he would increase duties on a number of Chinese goods from 10% to 25%, and did not rule out the introduction of barriers against other trading positions.
“….of additional goods sent to us by China remain untaxed, but will be shortly, at a rate of 25%. The Tariffs paid to the USA have had little impact on product cost, mostly borne by China. The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!”
After these statements in the media there were concerns that Beijing might cancel the upcoming trade talks in Washington, but on Tuesday, the Chinese commerce ministry confirmed that Vice Premier of the People’s Republic of China Liu He would visit the United States on May 9-10 to continue consultations, despite Trump’s threats.