Monday, May 6, 2019

SCMP: China Now A Little More Conciliatory On Trade Talks

From the South China Morning Post:

Update: China still ‘preparing’ delegation for US trip despite Donald Trump’s threat to increase tariffs
  • US President said he will increase punitive tariffs on US$200 billion of imports from 10 per cent to 25 per cent on Friday in a tweet posted on Sunday
  • Earlier suggestion planned trip to Washington by chief negotiator and Vice-Premier Liu He this week could be delayed or even cancelled altogether
This updates a previously published story with new information.

China is still preparing to send a delegation to Washington for the trade talks despite the latest threats by US President Donald Trump to increase tariffs, Foreign Ministry spokesman Geng Shuang said on Monday.

“There have been many times that the US side has threatened to increase tariffs,” Geng said when asked about Trump’s tweets on Sunday which threatened to impose punitive tariffs on US$200 billion of imports from China tariffs beginning on Friday. “China’s positions are clear and the US side is well aware of them.
“[We have hoped] to make progress in our trade talks and [we] hope the US side can work together with us and move in the same direction so we can achieve a deal that can benefit both sides. Everyone in China and abroad is very concerned about the next round of talks, and we are also learning about the relevant changes. The Chinese delegation is preparing to go to the US for the negotiations.”...MORE
And:
China tempers US hints that Beijing and Washington are preparing for the ‘last round’ of trade talks

And there's a cease-fire between Hamas and Israel.