(Conservative Tribune) – Are President Donald Trump’s tariffs merely threats to trading partners who’ve taken the U. S. for granted for too long? If…
(Conservative Tribune) – Are President Donald Trump’s tariffs merely threats to trading partners who’ve taken the U. S. for granted for too long? If so, they could be bearing fruit in China.
According to a new report from the Wall Street Journal, the Chinese have offered to buy $70 billion in farm products from the United States if the tariffs are dropped.
Chinese officials reportedly made the offer during negotiations with Secretary of Commerce Wilbur Ross, who was in Beijing for trade talks last week.
Officials in China have been very public about their opposition to any changes to the existing order, including tariff raises of any sort — be they punitive for China’s trade practices or part of a general tariff-raising by the Trump administration.
“The attitude of the Chinese side remains consistent,” the Chinese government said in a statement relayed through Xinhua, the state-run news network.
“Reform and opening-up as well as expanding domestic demand are China’s national strategies. Our set pace will not change.
“All economic and trade outcomes of the talks will not take effect if the U. S. side imposes any trade sanctions including raising tariffs,” it added.
However, in private, Chinese officials seemed to be a bit more accommodating, offering to purchase $70 billion of U.
