Trump says delay of increased tariffs on Chinese imports possible
Moscow, Aug 26 (Sputnik/UNI) US President Donald Trump said Monday that it was possible Washington would delay increasing tariffs on Chinese imports announced last week as trade talks between the two global heavyweights continue.
Last week, the United States announced its plans to increase tariffs on $550 billion worth of Chinese imports. The Chinese Foreign Ministry said earlier on Monday that it would "continue to take necessary measures" if the United States did introduce the tariffs.
"Well, I think anything's possible. I can say we're having meaningful talks," Trump told reporters at a G7 summit, when asked if it would be possible to delay or cancel the announced hike in tariffs.
The press conference was broadcast by the Reuters news agency. The summit is being held in the south of France.
Since last year, the United States and China have been locked in a dispute driven by Trump's desire to correct the trade imbalance between the two countries.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
