After a heated exchange of trade blows, The United States and Chinese officials finally started to rebuild burned bridges between the two world powers through productive trade talks.
In spite of additional tariffs to be imposed in September, U.S. President Donald Trump is looking forward to meeting China next month after confirming having “productive talks” with Chinese officials over the phone.
Before announcing the tariff delay on some Chinese goods from September to December which includes gadgets, Trump also confirmed that his administration and Chinese officials had “a very good conversation” earlier in the week.
The Chinese government, however, said on Thursday that it will counter the imposition of additional tariffs and is looking into entering a trade deal to ease tariff woes.
President Trump, in a statement, seemed to be very confident that China will not retaliate against the additional tariffs on $300 billion worth of Chinese goods.
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China expects the U.S. to provide favorable premises for the upcoming trade deal