Trump officials see no Chinese concessions for tariff delays amid…

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China made no trade concessions after U.S. President Donald Trump postponed 10% tariffs on over $150 billion worth of Chinese imports, senior U.S. officials said on Wednesday, adding that talks aimed at resolving the trade fight would continue and markets should be patient.

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WASHINGTON (Reuters) – China made no trade concessions after U.S. President Donald Trump postponed 10% tariffs on over $150 billion worth of Chinese imports, senior U.S. officials said on Wednesday, adding that talks aimed at resolving the trade fight would continue and markets should be patient.

FILE PHOTO: U.S. President Donald Trump talks to reporters including Reuters White House correspondent Jeff Mason (L) as he boards Air Force One for travel to Pennsylvania from Morristown Municipal Airport in Morristown, New Jersey, U.S. August 13, 2019. REUTERS/Jonathan Ernst/File Photo

Hu Xijin also cast doubt in a Twitter message that China would follow up with significant purchases of U.S. agricultural goods as requested by Trump.

“As far as I know, the Chinese side requests that both sides respect the consensus reached at Osaka summit, which is removing all additional tariffs, not delaying some. I doubt Chinese side will resume large-scale purchase of US farm products under current circumstances,” Hu tweeted.

Reporting by Susan Heavey and David Lawder; Editing by Will Dunham and Grant McCool


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Author:

China made no trade concessions after U.S. President Donald Trump postponed 10% tariffs on over $150 billion worth of Chinese imports, senior U.S. officials said on Wednesday, adding that talks aimed at resolving the trade fight would continue and markets should be patient.

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