Date: 10 months ago   Category: Economy

China has refused trade negotiations with the USA


Beijing has at the last moment cancelled visits of two delegations to Washington at once, The Wall Street Journal reports. Between two countries in full blast the conflict around introduction of the USA of large-scale penal duties against China.

China, in connection with introduction of the USA of new penal duties, has at the last moment refused a new round of trade negotiations in Washington. The visit to the capital of the USA the Deputy Prime Minister of the People's Republic of China Liu He planned for the forthcoming week is cancelled, cancelled also a visit of the Chinese delegation of the average level which planned to visit Washington to delegation headed by the Deputy Prime Minister, the The Wall Street Journal newspaper reports on Saturday, September 22.

have reported Sources in administration of the USA to the edition that new dates of trade negotiations aren't agreed yet, however the USA hopes to find a way of settlement of the trade conflict with the People's Republic of China. At negotiations in Washington in the middle of August the USA and China didn't manage to pull together the positions. Meanwhile the U.S. President Donald Trump has threatened to introduce new penal duties against China again. September 18, Trump declared

On Tuesday introduction of a new package of duties on the Chinese goods for the total amount of 200 billion dollars. The government in Beijing has immediately introduced reciprocal duties on the sum of 60 billion dollars. Since the beginning of July two world's largest economies have already introduced duties against each other for the total amount of 100 billion dollars. The USA accuses China of protectionism, unfair subsidies and plunder of technologies. China denies it.

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