"The accusations by the US administration of Chinese leader Xi Jinping that he blocked negotiations between the two countries in search of a commercial settlement are shocking and false," said spokesman for the Chinese Ministry of Commerce Gao Feng at a press conference on Thursday. >
In early July, the first batch of criminal duties entered into force for Chinese imports in the amount of $ 34 billion. US per year, and Chinese retaliation rates of a similar magnitude. The Chinese Department of Commerce has called it the start of the largest trade war in economic history, and US President Donald Trump is threatening further tariffs if Beijing does not abandon unfair trade practices.
Previously, both sides held several rounds of negotiations, which did not lead to a settlement. White House economic adviser Larry Kudlow said the talks were blocked by Chinese President Xi Jinping, who refused to change Chinese economic policies, which Washington said uses foreign companies to transfer technology.
“To our knowledge, President Xi is reluctant to close a deal at this stage,” said Kudlow, and appreciated that downline officials in Beijing, including Deputy Prime Minister Liu He in charge of economic affairs, would like to agree. but C is against it.
A spokesman for the Chinese Ministry of Commerce denied it was China's fault for failing to negotiate. “Various American officials have unexpectedly misrepresented the facts and raised false accusations that are shocking and unimaginable,” Gao said. He added that China had shown goodwill in the negotiations and that the United States had led to their breaking up. He assessed the actions of the American administration as hegemonic, one-sided and unacceptable.
