US Trade Chief to Confer with Chinese Counterpart Amid Tariff Strategy
U.S. President Trump announced that trade chief Jamieson Greer will meet with his Chinese counterpart next week. Trump aims to use tariffs to reduce the U.S. trade deficit with China and plans to speak with President Xi Jinping, although details were not provided. He reaffirmed the strategy of imposing tariffs on all countries that levy them against the U.S.
U.S. President Donald Trump announced that his chief trade representative, Jamieson Greer, intends to engage in discussions with his Chinese counterpart in the upcoming week. Trump emphasized his commitment to utilizing tariffs as a strategic measure to reduce the U.S. trade deficit with China, which he considers a significant economic adversary.
Additionally, President Trump indicated his intention to communicate with Chinese President Xi Jinping, although he did not specify a date for this dialogue. As part of his trade strategy, Trump has already implemented new tariffs on Chinese products, with further tariffs anticipated in April, targeting all nations that impose tariffs on American goods.
Trump remarked, “I’ll be speaking to President Xi. Have a great relationship with him. We’re gonna have a very good relationship, but we have a trillion dollar deficit.” These comments reflect his administration’s ongoing negotiations and efforts to address trade imbalances with China.
In summary, President Trump’s administration is actively pursuing dialogue with China to mitigate the trade deficit through tariffs. The upcoming discussions between trade representatives signify a strategic approach in addressing economic relations with China’s government, highlighting the complexities of international trade issues.
Original Source: www.usnews.com
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