China is prioritizing the removal of existing U.S. tariffs on Chinese goods in the first phase of the trade deal between the two countries, Reuters reported Sunday.
Sources with direct knowledge told China’s Global Times newspaper Saturday that the U.S. needs to remove current tariffs in the agreement, not just upcoming scheduled tariffs.
The Global Times, which is published by the People’s Daily newspaper of the Communist Party, reported another source said U.S. officials did not want to get rid of tariffs because they viewed that as a “surrender” and giving up their leverage, Reuters reported.
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The Hill reached out to the Office of the U.S. Trade Representative for comment.
President TrumpDonald John TrumpPerry ends final day as Energy secretary Mexican officials detain suspects in massacre of members of Mormon sect READ: White House’s letter to Nadler saying it won’t participate in impeachment hearing MORE said Tuesday that the first phase of the U.S.-China agreement was being finalized up as the trade war between the countries stretches to more than a year. But Reuters reported last month that phase one, originally planned for the end of November, may be delayed until next year because of Chinese demands.
Senate Finance Committee Chairman Chuck GrassleyCharles (Chuck) Ernest GrassleyChina wants removal of US tariffs in first phase of trade deal: report The job no GOP senator wants: ‘I’d rather have a root canal’ Michael Moore: Comparing Trump’s Ukraine dealings to Hunter Biden’s is a ‘false equivalency’ MORE (R-Iowa) said last week that China had invited U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerPelosi casts doubt on USMCA deal in 2019 Pelosi sounds hopeful on new NAFTA deal despite tensions with White House On The Money: Economy adds 164K jobs in July | Trump signs two-year budget deal, but border showdown looms | US, EU strike deal on beef exports MORE and Treasury Secretary Steven MnuchinSteven Terner MnuchinChina wants removal of US tariffs in first phase of trade deal: report Lawmakers bypass embattled Mulvaney in spending talks Trump directed Treasury, DOJ to address Erdoğan ‘concerns’ about Turkish bank MORE to negotiations. Officials could reportedly travel after Thanksgiving, a source told Reuters.
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