China could abandon trade talks with the United States, the media are writing

© AFP 2018 / Johannes EiseleТорговый port in Shanghai. Archival photoChina could abandon trade talks with the United States, the media are writing© AFP 2018 / Johannes Eisele

China can refuse to participate in the new round of trade negotiations with the United States amid allegations the American side of the next trading fees, reports the Wall Street Journal, citing sources familiar with the situation.

«If you impose the additional fee, the Chinese side could not go… China is not going to negotiate, when to his head had a gun,» said the source, «holding a high position in the government.»

Earlier edition, citing its sources reported that the Minister of the Treasury Steven Mnuchin sent a Vice-Premier of the state Council of the PRC Liu he invitation to hold new round of talks on trade tensions in the 20’s of September. The Chinese side has confirmed the receipt of the invitation.

As notes the edition, the Deputy Minister of Commerce Wang Shouwang was to lead the Chinese delegation in the next round of negotiations. Then on September 27-28, Liu Hesam went to Washington.A trade war between China and the United States began after July 6 of this year came into force the mutual increased customs duties between these countries. USA imposed a duty of 25% on 818 import of goods from China total volume of supply in 34 billion dollars a year. As a countermeasure, China on the same day, imposed a duty of 25% on import of equivalent amount of American goods. In August, the U.S. imposed a duty of 25% on imports of Chinese goods with a volume of 16 billion dollars, immediately after that, the Chinese side introduced similar measures. Dissatisfaction with the US is the trade imbalance between the two countries, which, according to estimates by Washington amounts to $ 500 billion in China’s favor.China could abandon trade talks with the United States, the media are writing© Infographical war, the United States

Source