Trump accuses China of failing to live up to its commitments

Trump, Us President, Usa, Policy
Trump accuses China of failing to live up to its commitments

Donald Trump accused China on Thursday, at a time when talks to end the trade war have just resumed, of not buying American agricultural products as he said he had promised.
Mexico is doing great at the Border, but China is letting us down in that they have not been buying the agricultural products from our great Farmers that they said they would. Hopefully they will start soon!

- Donald J. Trump (@realDonaldTrump) July 11, 2019
"China has not kept its word, it has not bought the agricultural products of our super Farmers as it promised to do," the Republican billionaire tweeted. "I hope it will do so soon," he added.
Discussions between Americans and Chinese to end their trade war were relaunched, after a sudden halt in May, at a summit between Trump and his counterpart Xi Jinping on the sidelines of the Osaka G20 in late June.

Mr. Trump indicated at the end of the summit that he had agreed to freeze the introduction of punitive tariffs on the $300 billion worth of imports of Chinese products that are not yet overtaxed.
In exchange, the White House tenant had promised, "China will buy an incredible amount of food and agricultural products, they will start very soon".

The president said the United States would provide a list of products that the Americans would like Beijing to buy.


The agricultural sector, dear to Donald Trump, who is running for re-election in 2020, is the one that has suffered the most from the trade war between China and the United States, despite the payment of significant federal subsidies to compensate for the shortfall.

Resumption of negotiations


Bill Nelson, an analyst at Doane Advisory Services, believes Mr. Trump is right. "China is not making major purchases and certainly not since the recent meeting with Xi," says the specialist, who understood from the American President's statements that orders and sales would be made immediately afterwards.

"If China really wanted to do it, we would have sales announcements every day," he insists.
The Osaka summit has relaunched a deadlocked process since May, when Mr Trump had already considered that the Chinese had reneged on their commitments made during very intense negotiations, alternately in the American capital and in Beijing, since January.

Since Osaka, US officials have insisted that the negotiations are back on track.

On Tuesday, Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin met with their Chinese counterparts.

The two Trump government ministers spoke by phone with Deputy Prime Minister Liu He and Chinese Trade Minister Zhong Shan "to continue negotiations to resolve trade issues between China and the United States," White House Chief Economic Advisor Larry Kudlow said at the time.

Mr. Kudlow added that both parties felt that these discussions should continue.

"Deputy Prime Minister Liu He, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin discussed the implementation of the consensus reached between the Heads of State of the two countries in Osaka," the Chinese Ministry of Commerce commented in a brief statement.

Comments

Booking.com