Washington – President Donald Trump announced on Wednesday that it delays from October 1 to 15 the rise of 25 to 30% to Chinese imports worth 250,000 million dollars as a gesture towards Beijing for the 70th anniversary of the founding of the People's Republic.

"Due to the fact that the People's Republic of China will celebrate its 70th anniversary on October 1, we have agreed, as a gesture of goodwill, to delay the rise of tariffs on goods worth 250,000 million (from 25 to 30%), of October 1 to 15, "Trump announced on Twitter.

Trump said it was China's deputy prime minister and negotiating leader, Liu He, who asked him to delay the application for the anniversary.

By October 15, the United States and China will have already maintained their thirteenth round of economic and trade negotiations, scheduled for the beginning of the month.

Last September 1 took place the last episode of the commercial war that confronts Washington and Beijing with the entry into force of the 10 to 15% rise in Chinese imports worth 112,000 million dollars.

It is expected that on December 15 that same increase will be applied to the remaining imports recorded at 10%, to reach $ 300,000 million at 15%.

In retaliation, China launched tariffs of between 5 and 10% for US products valued at $ 75 billion.

Trump warned after the imposition of these new tariffs that if he is re-elected in the presidential elections of 2020, he will be "much harder" when negotiating a trade agreement and that "in the meantime, the supply chain" of the Asian giant will crumble. ".

With this conflict, Trump has set the goal of balancing trade between the two countries, widely favorable to China, but so far and despite the imposition of tariffs, it has had little or no result.

Trade tensions between the two largest world economies, unleashed after Trump's arrival at the White House in 2017, go beyond bilateral relations and have profound global consequences.

In its latest global growth forecasts, released in July, the International Monetary Fund (IMF) lowered its projections of global expansion to 3.2% this year, one tenth less than in April weighed down by doubts about the possible resolution of this dispute.

. (tagsToTranslate) donald trump (t) china (t) united states


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