Well folks?
This seems to mean that China IS playing hardball with Donald Trump and America…
Why Not?
The American President after three years in office has NOT gotten one single ‘trade deal’ done….
And the world is still in one piece….
Gone is the worry from other countries that this American President must be played up to ….
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.
The Hill reached out to the Office of the U.S. Trade Representative for comment.
President Trump 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….
“Trade wars are easy and easy to win” — Donald Trump
He, he, he….
The guy hasn’t won one yet….
Typical snake oli salesman Donald J. Trump…..
In most trade wars, both sides lose.
With that said, Trump was correct to take a tougher line against China. Too bad he is completely incompetent and cares more about his election, so China will just wait him out.