{"id":143447,"date":"2019-05-11T14:59:37","date_gmt":"2019-05-11T12:59:37","guid":{"rendered":"http:\/\/www.arabtelegraph.com\/?p=143447"},"modified":"2019-05-11T14:59:37","modified_gmt":"2019-05-11T12:59:37","slug":"china-u-s-to-hold-more-trade-talks-as-trump-ratchets-up-tariff-threat","status":"publish","type":"post","link":"https:\/\/www.arabtelegraph.com\/?p=143447","title":{"rendered":"China, U.S. to hold more trade talks as Trump ratchets up tariff threat"},"content":{"rendered":"<div class=\"ArticleHeader_container\">\n<div class=\"ArticleHeader_upper-container\">\n<div class=\"foreground\">\n<div class=\"TwoColumnLayout_container TwoColumnLayout_fluid-left\">\n<div class=\"TwoColumnLayout_column TwoColumnLayout_left\">\n<div class=\"ArticleHeader_content-container\">\n<p dir=\"ltr\"><strong>China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as U.S. President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China.<\/strong><\/p>\n<p>Liu voiced a measured optimism on reaching a deal, but said there were \u201cissues of principle\u201d on which China would not back down.<\/p>\n<p dir=\"ltr\">The United States escalated a tariff war with China on Friday by hiking levies on $200 billion worth of Chinese goods in the midst of last-ditch talks to rescue a trade deal. Trump issued orders for the tariff increase, saying China \u201cbroke the deal\u201d by reneging on earlier commitments made during months of negotiations.<\/p>\n<p dir=\"ltr\">\u201cNegotiations have not broken down,\u201d Liu, China\u2019s chief negotiator in the talks, said, according to state television.<\/p>\n<p dir=\"ltr\">\u201cQuite the opposite, I think small setbacks are normal and inevitable during the negotiations of both countries. Looking forward, we are still cautiously optimistic,\u201d Liu said.<\/p>\n<figure id=\"attachment_143448\" aria-describedby=\"caption-attachment-143448\" style=\"width: 509px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.arabtelegraph.com\/wp-content\/uploads\/2019\/05\/download-2.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-143448\" src=\"https:\/\/www.arabtelegraph.com\/wp-content\/uploads\/2019\/05\/download-2-300x202.jpg\" alt=\"Chinese Vice Premier Liu He talks with U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer as he leaves trade talks in Washington\" width=\"509\" height=\"343\" srcset=\"https:\/\/www.arabtelegraph.com\/wp-content\/uploads\/2019\/05\/download-2-300x202.jpg 300w, https:\/\/www.arabtelegraph.com\/wp-content\/uploads\/2019\/05\/download-2-1024x689.jpg 1024w, https:\/\/www.arabtelegraph.com\/wp-content\/uploads\/2019\/05\/download-2.jpg 1200w\" sizes=\"(max-width: 509px) 100vw, 509px\" \/><\/a><figcaption id=\"caption-attachment-143448\" class=\"wp-caption-text\">Chinese Vice Premier Liu He talks with U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer as he leaves trade talks in Washington<\/figcaption><\/figure>\n<p dir=\"ltr\">\nChina strongly opposes the latest U.S. tariff hike, and as a nation, has to respond to that, Liu told a small group of Chinese reporters in the video clip.<\/p>\n<p dir=\"ltr\">\u201cRight now, both sides have reached mutual understanding in many things, but frankly speaking, there are also differences. We think these differences are significant issues of principle,\u201d Liu said. \u201cWe absolutely cannot make concessions on such issues of principle.\u201d<\/p>\n<p dir=\"ltr\">He added that talks would continue in Beijing, but gave no details.<\/p>\n<p dir=\"ltr\">But underscoring a lack of progress in the talks, Trump ordered a further escalation of tariffs.<\/p>\n<p dir=\"ltr\">Trump\u2019s move would subject about $300 billion worth of Chinese imports to punitive tariffs, U.S. Trade Representative Robert Lighthizer said in a statement.<\/p>\n<p dir=\"ltr\">Lighthizer said a final decision has not been made on the new duties, which would come on top of an early Friday tariff rate increase, to 25% from 10%, on $200 billion worth of Chinese imports.<\/p>\n<p dir=\"ltr\"><strong>CHINA DETAILS DIFFERENCES<\/strong><br \/>\n<strong>Three differences remain between the two countries, according to China\u2019s account of the latest talks.<\/strong><\/p>\n<p dir=\"ltr\">One of those is over tariffs, Liu said, according to a transcript of the Q&amp;A published by Phoenix, a Hong Kong-based television station that is close to Beijing. China believes that tariffs were the genesis of the trade dispute, and that if both sides wanted to reach an agreement, then all tariffs must be eliminated, Liu said.<\/p>\n<p dir=\"ltr\">The second is about procurement, on which an initial consensus was reached between the leaders of the two countries in Argentina late last year. The two sides now have differing views on the volumes, Liu said. The third is over how balanced the text of the draft agreement should be, he said.<\/p>\n<p dir=\"ltr\">\u201cEvery nation has its dignity, so the text ought to be balanced,\u201d Liu said.<\/p>\n<p dir=\"ltr\">\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"TwoColumnLayout_container StandardArticle_content TwoColumnLayout_fluid-left\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as U.S. President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Liu voiced a measured optimism on reaching a deal, but said there were \u201cissues &hellip;<\/p>\n","protected":false},"author":3,"featured_media":143448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-143447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-te-public"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China, U.S. to hold more trade talks as Trump ratchets up tariff threat - Arab Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.arabtelegraph.com\/?p=143447\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China, U.S. to hold more trade talks as Trump ratchets up tariff threat - Arab Telegraph\" \/>\n<meta property=\"og:description\" content=\"China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as U.S. President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Liu voiced a measured optimism on reaching a deal, but said there were \u201cissues &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.arabtelegraph.com\/?p=143447\" \/>\n<meta property=\"og:site_name\" content=\"Arab Telegraph\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/aliarabtelegraphhttps:\/\/m.facebook.com\/ali.aed2https:\/\/www.facebook.com\/aliarabtelegraph:\/\/www.facebook.com\/https:\/\/www.google.com\/?hl=ar\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/aliarabtelegraphhttps:\/\/m.facebook.com\/ali.aed2https:\/\/www.facebook.com\/aliarabtelegraph:\/\/www.facebook.com\/https:\/\/www.google.com\/?hl=ar\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-11T12:59:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.arabtelegraph.com\/wp-content\/uploads\/2019\/05\/download-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"808\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Arab Telegraph\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/aligazette\" \/>\n<meta name=\"twitter:site\" content=\"@aligazette\" \/>\n<meta name=\"twitter:label1\" content=\"\u0643\u064f\u062a\u0628 \u0628\u0648\u0627\u0633\u0637\u0629\" \/>\n\t<meta name=\"twitter:data1\" content=\"Arab Telegraph\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u0648\u0642\u062a \u0627\u0644\u0642\u0631\u0627\u0621\u0629 \u0627\u0644\u0645\u064f\u0642\u062f\u0651\u0631\" \/>\n\t<meta name=\"twitter:data2\" content=\"\u062f\u0642\u064a\u0642\u062a\u0627\u0646\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.arabtelegraph.com\\\/?p=143447#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.arabtelegraph.com\\\/?p=143447\"},\"author\":{\"name\":\"Arab Telegraph\",\"@id\":\"https:\\\/\\\/www.arabtelegraph.com\\\/#\\\/schema\\\/person\\\/b796bd29af18bedbb5ec003a20ada50d\"},\"headline\":\"China, U.S. to hold more trade talks as Trump ratchets up tariff threat\",\"datePublished\":\"2019-05-11T12:59:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.arabtelegraph.com\\\/?p=143447\"},\"wordCount\":506,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.arabtelegraph.com\\\/#\\\/schema\\\/person\\\/b796bd29af18bedbb5ec003a20ada50d\"},\"image\":{\"@id\":\"https:\\\/\\\/www.arabtelegraph.com\\\/?p=143447#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.arabtelegraph.com\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/download-2.jpg\",\"articleSection\":[\"PUBLIC\"],\"inLanguage\":\"ar\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.arabtelegraph.com\\\/?p=143447#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.arabtelegraph.com\\\/?p=143447\",\"url\":\"https:\\\/\\\/www.arabtelegraph.com\\\/?p=143447\",\"name\":\"China, U.S. to hold more trade talks as Trump ratchets up tariff threat - 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