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Title : China Says Trade Talks Can’t Continue Unless U.S. Reverses Recent Trade Decisions
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China Says Trade Talks Can’t Continue Unless U.S. Reverses Recent Trade Decisions

CNBC: China says trade talks can’t continue unless US addresses its ‘wrong actions’

* President Trump announced earlier this month that tariffs on $200 billion worth of Chinese goods would increase to 25% from 10% on May 10.
* In the last two weeks, his administration also put Chinese telecom giant Huawei on a blacklist that prevents it from buying from American companies without U.S. government permission.
* Nearly three-fourths of respondents to a joint survey by the American Chambers of Commerce in Shanghai and Beijing said the latest round of U.S. tariffs and planned counter-tariffs from China are negatively affecting their businesses.

The latest U.S. actions on trade are preventing negotiations with Beijing from proceeding, China’s Commerce Ministry said Thursday.

“If the U.S. would like to keep on negotiating it should, with sincerity, adjust its wrong actions. Only then can talks continue,” Ministry of Commerce spokesperson Gao Feng said Thursday in Mandarin, according to a CNBC translation.

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More News On The Trade War

Trade tensions slam Wall St. as global growth worries mount -- Reuters
Global markets rocked as US-China trade and tech rift deepens -- The Guardian
IMF warns US-China trade war will 'jeopardize' 2019 global growth -- AFP
'We'll fight to the end': China's media ramps up rhetoric in US trade war -- The Guardian
Here's the worst-case scenario for the US-China trade war -- Christine Romans, CNN Business

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