Donald Trump says he believes Xi Jinping is honest on trade

Donald Trump says he believes Xi Jinping is honest on trade

A statement from an unnamed Chinese official said only that the negotiations with the US had a "clear timeline and road map" that China aimed to implement.

Amid a series of morning tweets that seemed to contradict his administration's claims about a supposed trade deal between the US and China, President Donald Trump declared himself to be "Tariff Man".

"Very strong signals being sent by China once they returned home from their long trip, including stops, from Argentina".

After the meeting, Washington agreed to hold off on Trump's threat to raise tariffs on $200 billion in Chinese imports to 25 percent beginning January 1, leaving them at the current 10 percent rate.

Trump, however, has threatened to slap tariffs on auto imports from Europe and other countries, citing US trade deficits with those nations.

In addition, Treasury Secretary Steven Mnuchin said Tuesday on the Fox Business Network that China agreed to buy $1.2 trillion of USA products.

White House trade adviser Peter Navarro on the trade truce between the USA and China.

For their part, Trump and White House officials have promoted the apparent US-China agreement in Buenos Aires as a historic breakthrough that would ease trade tensions and potentially reduce tariffs - even though Beijing has not confirmed that it made most of the concessions that the Trump administration has claimed. But when Trump announced broad new US tariffs on Chinese made goods, the Beijing government raised duties specifically on American made automobiles and parts.

The US expects China to take immediate action to cut tariffs on US auto imports and end intellectual property theft and forced technology transfers as the two countries move toward a broader trade deal, Kudlow, director of the White House National Economic Council, said Monday.

China pledged to buy more from the United States and the White House said the two sides would negotiate "structural changes" to thorny issues plaguing relations, but few details and no dollar amounts were disclosed.

9-year-old wins fight to overturn snowball ban
So Dane plans to launch a campaign on behalf of his (illegal) pet guinea pig. He then presented his case to the town council at their regular meeting.

The Cut apologizes for article calling Priyanka Chopra a ‘scam artist’
Earlier, talking about her wedding, Priyanka had told People .com, "I love that our wedding was a religious mash-up". It's not even in my stratosphere. "These kind of random things can't disturb it".

Officials urge Hoosiers to get the flu shot
Flu season is upon Mississippians, and state health officials are advising people to get a flu shot to help prevent the illness. The Centers for Disease Control and Prevention recommends that everyone age 6 months and older get a flu vaccine each year.

The president added: "When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so".

Kudlow also said the goal was to eliminate all tariffs on any imports, which is a departure from what Trump wrote on Tuesday in a Twitter post, when he said he was a "tariff man".

Trump has long accused China of unfair trade practices that hurt Americans and the U.S. economy.

Megan Greene, chief economist at Manulife, said the market's recent decline had likely contributed to Trump's willingness to reach a truce.

U.S. Trade Representative Robert Lighthizer is taking over as lead negotiator from Mnuchin, who will continue to be involved in deals.

But the United States leader kept up the threats as he warned that he was ready to make China "pay for the privilege" of selling in the U.S. market if the negotiations fail. Instead of being hammered out by lower-level officials, he said Xi came very prepared for the conversation, and that the deal was mostly done by the two leaders.

Trump, meanwhile, last week signaled he is still itching to open up a third front in his global trade war, urging Congress to support what could be up to 25 percent tariffs on vehicles imported from other trade partners, such as Germany. "It will always be the best way to max out our economic power", he said on Tuesday.

A Chinese official told Reuters that officials were "waiting for the leaders to return" before publicizing details.

Trump has agreed to delay a rise in tariffs on China while talks continue.

Markets, however, pulled back after Monday's rally on Tuesday as doubts crept in over what could realistically get accomplished in the tight negotiating window. He told reporters that China had said it was willing to "expand imports according to the needs of its domestic market and people, including importing marketable products from the United States to gradually ease the trade imbalances", adding that both sides had agreed to open their markets to each other.

Related News:

  • Bethesda apologises after leak of Fallout 76 players' personal information

    Bethesda apologises after leak of Fallout 76 players' personal information

    If you submitted a support ticket last night, there's a chance you'd be given full access to other people's tickets. I can see the problems you are having with the game, yes I'm having them too".
    Yemen: injured Houthi rebels to be evacuated, raising hope of peace talks

    Yemen: injured Houthi rebels to be evacuated, raising hope of peace talks

    The fate of wounded rebels had been a stumbling block to the start of a previous round of aborted peace talks in September. Since then, the conflict has killed tens of thousands of people and left more than eight million facing starvation .

    Kate Middleton nails Christmas style in thousand-dollar plaid

    During the fun-filled holiday event, the Duchess made a personal speech. The royal couple also passed out presents to the Squadron 11.
  • Huawei's Nova 4 Is Coming Later This Month

    Huawei's Nova 4 Is Coming Later This Month

    The backdrop of this launch , as it is rumoured, is based on Huawei's wish to compete with Samsung's Galaxy A8s launch. So, even if it comes second, it will still have an advantage over the Galaxy A8s ( expected to have a Snapdragon 710 ).
    NASA probe Osiris-Rex becomes ancient asteroid's first visitor

    NASA probe Osiris-Rex becomes ancient asteroid's first visitor

    Bennu probably broke off of a larger asteroid in the asteroid belt between Mars and Jupiter a couple billion years ago. Scientists estimate there is a one-in-2,700 chance of the asteroid crashing into Earth 166 years from now.
    Newcastle interested in loan deal for Loftus-Cheek

    Newcastle interested in loan deal for Loftus-Cheek

    When I am on the pitch I can't have any negative thoughts when I am in and around the team because it will affect the team". Chelsea FC are looking to finish in the top four this season after the Blues ended up in fifth spot last term.
  • IPL auction attracts 1,003 players

    IPL auction attracts 1,003 players

    All the franchises have been asked to submit their shortlist from the list of 1,003 by December 10, ahead of the auction. Among the Indians, Yuvraj Singh - after a dismal IPL 2018 - will enter the auction with a base price of Rs 1 crore.
    George W. Bush handed Michelle Obama something again

    George W. Bush handed Michelle Obama something again

    The lines of mourners have been steady since the president's casket was brought to Washington Monday. Bush: Houston's President" aired Wednesday night on KPRC2.
    Nuggets’ Jamal Murray says Nikola Jokic does everything ‘except jump’

    Nuggets’ Jamal Murray says Nikola Jokic does everything ‘except jump’

    Toronto's awful three-point shooting continued in the second - Miles connected on the only one of 10 that fell for the Raptors. Nikola Jokic scored three free throws in the final seven seconds as his Denver Nuggets edged out the Toronto Raptors 106-103.
  • Meghan Markle blasted by Piers Morgan AGAIN

    Meghan Markle blasted by Piers Morgan AGAIN

    Kate was joined by Queen Elizabeth II, Prince Philip, Prince Charles and Duchess Camilla at the glamorous event. The Duchess of Cambridge was spotted arriving with Prince William for the reception.
    BT avoids Huawei for 5G after stripping tech from EE mobile network

    BT avoids Huawei for 5G after stripping tech from EE mobile network

    It added: "Huawei remains an important equipment provider outside the core network, and a valued innovation partner". The information was cited by Reuters after initially being published by the Financial Times .
    Beyoncé headlined Mandela concert. But violent muggers stole the show

    Beyoncé headlined Mandela concert. But violent muggers stole the show

    Some World Cup soccer matches were successfully held there when South Africa hosted the tournament in 2010. While the majority got home safely afterwards, others were targeted by thieves as they left the stadium.


Most liked

India strongly condemns Chabahar terror attack
In September, gunmen dressed as soldiers attacked a military parade in Ahvaz, killing and injuring dozens. Terror attacks in Shiite Iran are rare, but militants have stepped up action in recent months.

All public transport to be free in Luxembourg in a world first
Although home to around 110, 000 people, the capital witnesses 400,000 commuters coming to the city to work. This summer, the government brought in free transport for every child and young person under the age of 20.

Albert Einstein 'God letter' sells for $2.9 million
But at the age of 13, he "abandoned his uncritical religious fervour, feeling he had been deceived into believing lies". His cosmic religion and distant deistic God fits neither the agenda of religious believers or that of tribal atheists.

Rajinikanth starrer 2.0 earns Rs 500 crore worldwide
The film, which hit screens on November 29, has touched the Rs 500 crore mark worldwide within seven days of its release. The Hindi version of the film opened at Rs 20.25 crore and has maintained a good pace even during the weekdays.

Azhar Ali, Asad Shafiq Help Pakistan Dominate New Zealand
Shah was run out in freakish fashion when he lost his right shoe while going for the second run with captain Sarfraz Ahmed (25). Incidentally, Pakistan got the same first innings lead in the first test at the same venue before losing narrowly by four runs.

Grace Millane: police search for British backpacker missing in New Zealand
Tony McLeod, British High Commission Wellington consular manager, said the commission was aware of the missing person report. On Thursday, they released a CCTV image of the backpacker at Sky City, in Auckland's CBD, at around 7.15pm.

SpaceX rocket booster misses landing as supplies sent to space
The company also lands boosters on its drone ships in the ocean, but all of its land landings had been successful - until now. If SpaceX rockets misbehave, that could prompt the agency to perform a safety review and delay those experimental launches.

Nokia 8.1 is official now. All that you need to know
The device is powered by the latest 10nm based Snapdragon 710 chipset paired with 4GB of RAM and 64GB of expandable storage. The storage can be expanded p to 400GB via microSD card and the body will be made of up 6000 Series aluminium.

Saudi al-Falih, US Iran Envoy Meet Ahead Of OPEC Summit
In the Middle East, Saudi Arabia produced a record 11.3 million barrels per day (bpd) in November, adding to the swelling glut. Iran is suffering both as a result of lower prices and a decline in its oil exports because of the United States sanctions.

Tom Cruise is Worried You're Watching Movies at Home Wrong
But many in the film industry hate it, however, as it can degrade the image quality of the original film, and alter colouring. But high-definition widescreen TVs could be ruining your movie nights, according to one of Hollywood's biggest stars.

Sandra Oh and Andy Samberg to Co-Host 2019 Golden Globe Awards
According to E! the 2019 show will debut a new award 'measuring 11.5 inches tall, 3.75 inches wide and 3.75 inches deep. Golden Globe nominations are set to be announced Thursday morning, and EW will have full coverage.

Scottish Premiership: Kilmarnock go top as Celtic, Rangers slip up
The Hoops trail Kilmarnock by a point, but have two games in hand, while Motherwell stay ninth. In the second half our positioning was better but we were still too loose.

Pete Davidson blocks Ariana Grande on social media
Grande dropped the surprise track , which will be the eponymous song on her upcoming album, on a Saturday night out of pure need. That we're not going to be making records on the road? 'I really don't endorse anything but forgiveness and positivity.

Iran's Rouhani threatens to cut off Gulf oil
Iranian Vice President Eshaq Jahangiri said yesterday that United States sanctions were hitting vulnerable people in Iran. The president downplayed the economic impact of sanctions, accusing the media of exaggerating the country's problems.

Two Marine Corps Aircraft Crash Off Japan, Fate Of Those Onboard Unknown
They also said they were unsure how the mishap may have occurred but none suspected foul play. This is a developing story and will be updated as more information becomes available .