Escalation in Trump tariffs looms over US-China trade talks
WASHINGTON (AP) — U.S. and Chinese negotiators met Thursday just hours before the United States was set to raise tariffs on Chinese imports in a dramatic escalation of tensions between the world's two biggest economies.
China has threatened to retaliate if President Donald Trump goes ahead with the tariff hikes, adding to the heated rhetoric from both sides that was shaking stock markets around the world.
The negotiators met Thursday evening. Then, after briefing Trump on the negotiations, top U.S. trade negotiator Robert Lighthizer and Treasury Secretary Steven Mnuchin had a working dinner with the leader of the Chinese delegation, Vice Premier Liu He. Talks are scheduled to resume Friday morning, the White House said.
The U.S. was scheduled to raise the tariffs at 12:01 a.m. Eastern time Friday.
The talks in Washington were thrown into disarray this week after Lighthizer and Mnuchin accused the Chinese of reneging on commitments they'd made earlier. In response to the alleged backsliding, the United States is raising tariffs on $200 billion in Chinese imports from 10% to 25%.
Liu, speaking to Chinese state TV on arrival in Washington, said he "came with sincerity." He appealed to Washington to avoid more tariff hikes, saying they are "not a solution to the problem" and would harm the world.
"We should not hurt innocent people," Liu told CCTV.
At the White House, Trump said he'd received "a beautiful letter" from Chinese President Xi Jinping and he'd "probably speak to him by phone."
The two countries are sparring over U.S. allegations that China steals technology and pressures American companies into handing over trade secrets, part of an aggressive campaign to turn Chinese companies into world leaders in robotics, electric cars and other advanced industries.
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