Donald Trump has China to repeal import tariffs on U.S. agricultural goods is called. “This is very important for our great farmers – and for me,” wrote the American President on Friday in the short message service Twitter.
Trump justifies his claim with the positive course of the negotiations in the trade dispute with China, as well as its decision to waive the increase from US punitive tariffs on Chinese Goods for the time being. The US President had extended on Sunday a deadline for an agreement with Beijing, which was supposed to end on Friday.
….and I did not increase their second traunch of Tariffs to 25% on March 1st. This is very important for our great farmers – and me!
— Donald J. Trump (@realDonaldTrump) 1. March 2019
Trump stirred up the last hopes of a rapid solution to the Trade dispute. His economic adviser, Larry Kudlow said on Thursday that both countries were on the verge of a “historic” agreement. In March, a Gipfeltretren between Trump and China’s head of state to be held in Xi Jinping.
A thorn in the eye
The trade conflict between the two largest economies in the world, had been fueled for a year around the globe, fears of a downturn in the economy.
The United States and China, plated with punitive tariffs on Goods in a total value of more than 360 billion dollars. Trump, the U.S. trade deficit with China is a thorn in the eye. He accused Beijing of unfair practices. (fal/afp)
Created: 02.03.2019, 14:47 PM