Donald Trump has begun indicating that he is ready to reduce revenue on Chinese imports, but economists have warned that the possibility of softening its position is now the power of power for China, which may benefit from dragging trade talks.
On Tuesday, Trump confirmed that he was willing to reduce 145 % of the revenue on all Chinese imports. A senior official of the White House Told the Wall Street Journal That revenues “can come between about 50 percent and 65 percent.” Or maybe the United States can use a taid approach, which can receive 35 % tax on goods that do not threaten national security, while imports require 100 % taxes, “the interest of the United States is considered strategic,” other internal people told WSJ.
For now, Trump is getting vague, just confirming that the revenue will not “be so high” or “anywhere” will not be 145 %. Trying to maintain a hard clothes, Trump warned that China should work fast to agree to end the trade war, otherwise the risk of giving concessions that China could not be considered ideal.
“If they do not make a contract, we will make a contract,” he said.
But the analyst Told South China Morning Post That Trump appears “restless” and “nervous”, until China can afford delays in China until more favorable terms are offered.
So far, Trump has not met with Chinese President Xi Jinping, which will be necessary to attack the deal. Instead, US officials have been in touch with underlings who have not helped to advance the deal. Last week, Trump confirmed that the agreement was “no Asnan”, the South China Morning Post reported despite a meeting with “several times” to discuss the start of the talks.
On Wednesday, when analysts suggested that Trump appears to be “disappointed” for a “immediate deal”, Chinese Foreign Ministry spokesman, Go Jiacone, warned that the only way for a deal is to “stop threatening threats and resort to oppression”. According to Eliasia Garcia Hero, the chief economist of Asia Pacific in Natics, China has a well -positioned position to make a better contract.
“[Trump] An immediate deal is needed, “Garcia Hero told the South China Morning Post.” China does not need to present anything bigger in such a situation, as the United States is anxious for an agreement. With a few billion imports from the United States, China can manage to reduce prices. The deal may be sweet for China than in 2019. “