Trump’s threat of adding additional tariffs ion $200 billion exports of Chinese goods to the U.S. is most likely seen as a negotiating tactics by Beijing.
On Monday, in a move that essentially underscores the impact U.S. trade tariffs are having on China’s economy, despite Trump vowing to further impose tariffs on $200 billion Chinese goods exported to the the United States, the South China Morning Post reported citing an anonymous source briefed on the latest plans, Chinese Vice Premier Liu He will travel to the United States this week for holding trade talks. His trip will however be shorter than was earlier announced.
According to that report, Liu is expected to leave Beijing on Thursday and leave Washington a day later.
Earlier as per a report by the Wall Street Journal, China was considering cancelling this week’s trade talks in light of Trump’s comments of slapping additional U.S. tariffs on $200 billion worth of Chinese goods later this week;
Trump has also threatened to add tariffs on Chinese exports to the U.S. worth hundreds of billions, soon.