US President Donald Trump
says he has not agreed to roll back tariffs on Chinese imports. Trump's
announcement, at the White House media briefing last night, comes as a dampener
on recent optimism for a major de-escalation in the US-China trade war. Trump's
remarks appeared to push back against Beijing's claims that the two sides had
agreed to remove tariffs in stages as part of a partial deal announced last
The United States and China have imposed steep tariffs on hundreds of billions
of dollars in two-way trade. Another round of US duties is set to hit on the
15th of next month on 160 billion US Dollars in Chinese goods.
Beijing is eager for a deal because
their economy is hurting.
Trump also said that
Beijing is eager for a deal because their economy is hurting. Observers,
however, say that China has more leverage as the US President prepares to
compete for re-election.