Trump: "Duties on Goods From China Can Be Prolonged For A Long Time"
US President Donald Trump said that trade taxes on Chinese goods could be maintained for a considerable time.
“We are not talking about canceling them (duties – ed.), we are talking about leaving them for a substantial period of time. Because we have to be sure that if we make an agreement with China, then China will adhere to the agreement” Trump told reporters.
As reported by the media, Secretary of the Treasury Steven Mnuchin and United States Trade Representative Robert Lighthizer will visit Beijing next week, and then with a return visit Liu He, a Vice Premier of the People’s Republic of China, will go to Washington. The Wall Street Journal sources clarified that negotiations between the countries are at the final stage, and the final trade deal may be concluded by the end of April.
The president’s statement was made against the background of the ongoing difficult negotiations between the US and China in negotiating trade agreements. Trump confirmed that negotiations will continue in the coming period.
At the same time, Bloomberg stated that the US is worried that China may refuse from concessions to the American side in the field of trade.This, according to the Agency, can happen because Chinese negotiators have not received convincing guarantees from the Trump administration on elimination of import duties.