US President Donald
Trump said he could raise customs duties on imports from China even higher
after September 1, if Beijing does not make efforts to conclude a trade deal
with Washington.
“They have a lot to do before September 1. To be honest, if they
don’t, I can always increase the fees significantly. In other words, I could
increase them, if I wanted, I could increase them to very large values.”
- the president noted.
Trump said earlier
that Washington will introduce new duties of 10% on Chinese goods worth $ 300
billion from September 1.
Recall that China and
the United States for several months held negotiations on the settlement of
trade disputes.
The 11th round of consultations took place in the American
capital in the first half of May, but after that, the dialogue came to a
standstill.
On May 10, Washington imposed additional duties on Chinese
products in the amount of $ 200 billion, raising the rate from 10% to 25%.
In
early June, the Chinese government
retaliated against more
than 5,000 US commodity items in the amount of $ 60 billion.
The decision to resume
consultations was reached during the meeting between Trump and Xi Jinping at
the G20 Summit in Osaka on June 28–29.
The American leader promised not to
introduce new duties on goods from China, as well as to ease restrictions on the
activities of Huawei.
In response, Beijing expressed its willingness to
increase purchases of agricultural products from the United States.
Earlier this week, the 12th round of negotiations took place in
Shanghai.
After
him, the White House issued a statement in which he called past meetings
constructive, but later the US president announced that the United States would
introduce 10% duties on goods from China worth $ 300 billion from September 1.
The next round of
negotiations are expected to take place in Washington in early September.
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