'China eating the tariffs’: US president Donald Trump mocks protracted trade war with Beijing ahead of talks in Washington
5 years, 6 months ago

'China eating the tariffs’: US president Donald Trump mocks protracted trade war with Beijing ahead of talks in Washington

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US President Donald Trump on Friday said the costs of his protracted trade war were falling squarely on China Washington: US President Donald Trump on Friday said the costs of his protracted trade war were falling squarely on China. “China is eating the tariffs,” Trump said on Twitter, repeating his claim that higher duty rates meant Washington collected billions of dollars from the Asian economy, and not US importers. Trade relations between the two economic powers deteriorated suddenly last month and US duties on hundreds of billions of dollars in Chinese goods are due to rise in October and December. “It’s very positive that we negotiate and it may well be that something positive comes out of that.” After months of positive signals from both sides, talks abruptly broke up in May as US officials accused their Chinese counterparts of retracting core commitments made up to that point.

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