Business Maverick: Trump Warns China to Act on U.S. Trade Deal or Face Worse Terms

“I think that China felt they were beaten so badly in the recent negotiation that they may as well wait around for the next election,” Trump said Saturday in a pair of early-evening tweets. “The only problem is that they know I am going to win.”

U.S. Trade Representative Robert Lighthizer said the administration would on Monday release details of its plans for tariffs on an additional $300 billion in imports from China, setting the process in motion for Trump to deliver on the threat to hammer all Chinese trade. Liu also struck a note of defiance. “For the interest of the people of China, the people of U.S. and the the people of the whole world, we will deal with this rationally,” the vice premier said. “But China is not afraid, nor are the Chinese people,” adding that “China needs aIn a series of tweets that cheered markets, Trump declared Friday that the talks with China had been candid and constructive.

The lack of progress left major question-marks hanging over the search for a deal on trade — just one source of tensions in athat’s already shifting supply chains and testing established economic and security alliances.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business Maverick: China Threatens Retaliation as Trump Touts Chances of DealThe U.S. and China sent conflicting signals over trade, with President Donald Trump expressing optimism about the prospect of a deal and Beijing warning that it will retaliate if the U.S. follows through on a threat to hike tariffs.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

Business Maverick: Trump Had Losses of $1.17 Billion Over a Decade: NYTPresident Donald Trump, who won the presidency in part on his image as a successful business mogul, lost $1.17 billion over 10 years on failed business deals, according to tax records obtained by the New York Times.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

Business Maverick: First day of U.S.-China trade talks end; Trump’s tariff hike set to take effectTop U.S. and Chinese trade negotiators concluded the first of two days of talks on Thursday to rescue a trade deal that is close to collapsing as Washington prepares to go ahead with plans to hike tariffs on hundreds of billions of dollars of goods imported from China.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »

US stocks futures tumble on Trump trade threat on ChinaAbout 25 minutes into trading, the Dow Jones Industrial Average stood at 26,182.21, down 1.2%.
مصدر: ewnupdates - 🏆 30. / 53 اقرأ أكثر »

World stocks dive as Trump threatens China tariffs
مصدر: ewnupdates - 🏆 30. / 53 اقرأ أكثر »