The delegations of the United States and China ended this Sunday in Geneva (Switzerland) for two days of “productive” commercial conversations that they tried the first meeting between the two countries since the American president Donald Trump has declared a tariff war against the Asian giant last month.
In fact, the subsequent statement published by the White House speaks of its beginning to achieve the “agreement”, as well as another of the participants in the US delegation, its trading representative, Jamison Grire, although he also did not give more detailed information about this. China has not yet said.
The main American representative and secretary of the Treasury Scott was explained to the media that will provide a detailed negotiation report, characterized by his “high level of performance” and “significant progress” on Monday, according to the statement collected by EP.
The Demanent also appreciated the “interest” shown by his interlocutors, starting with the Chinese deputy prime minister -minister, he is Liffland, the head of the Beijing delegation.
Grire, on the other hand, emphasized “the speed with which both parties reached an agreement, which reflects that, perhaps, the differences were not as great as possible.”
“Let’s just remember why we are the first here: the United States has a huge trade deficit of $ 1.2 billion, so the president (Trump) was supposed to announce emergency situations of the national and introduce tariffs, and we believe that the agreement that we will conclude with our Chinese partners will help us work to resolve this national emergency,” he established.
The commercial dispute was called by the US President last month, when he announced generalized tariffs for almost all countries of the world, which are currently to be suspended 90 days during negotiations.
China can look for the same 90 -day exemption, as well as a decrease in tariffs by 145 percent. In this sense, Trump proposed this Friday that this could be reduced to 80 percent, although he left the problem in the hands of his minister of treasures.