India  
NewsR.in
> > >

Trump says has not agreed to roll back tariffs on China

Video Credit: Reuters Studio - Duration: 01:03s - Published < > Embed
Trump says has not agreed to roll back tariffs on China

Trump says has not agreed to roll back tariffs on China

President Donald Trump on Friday told reporters he has not agreed to roll back tariffs on China but that Beijing would like him to do so.

Zachary Goelman reports.

0
shares
ShareTweetSavePostSend
 

Trump says has not agreed to roll back tariffs on China

President Donald Trump on Friday told reporters he has not agreed to roll back tariffs on China.

(SOUBDBITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "Well they'd like to have a roll-back.

I haven't agreed to anything.

China would like to get somewhat of a roll-back, not a complete roll-back, because they know I won't do it." Those remarks in stark contrast with the message just a day earlier.

Officials from both countries on Thursday said China and the United States have agreed to roll back tariffs on each others' goods in a "phase one" trade deal if it is completed.

The Chinese Commerce Ministry, without laying out a timetable, said the two countries had agreed to cancel the tariffs in phases.

A U.S. official, speaking on condition of anonymity, confirmed the rollback would be part of the first phase of a trade agreement that is still being put to paper for Trump and President Xi Jinping to sign.

Reuters reported Thursday the plan faced stiff internal opposition from some in the U.S. administration.

(SOUBDBITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "China would like to make a deal much more than I would." Trump's words Friday morning undercut investors' hopes a U.S.-China trade deal might soon lift the shadow of uncertainty brought on by the trade war.



Recent related news from verified sources

China, U.S. agree tariff rollback if phase one trade deal is completed

China and the United States have agreed to roll back tariffs on each others' goods in a "phase one"...
Reuters India - Published

Oil down 1% after Trump douses hopes for roll back on China tariffs

Oil prices fell more than 1% on Friday, weighed down by uncertainty about how close Washington and...
Reuters India - Published


You Might Like


Tweets about this


Recent related videos from verified sources

Administration Officials Signal China Trade Deal Will Happen 'In All Likelihood' [Video]Administration Officials Signal China Trade Deal Will Happen 'In All Likelihood'

Commerce Secretary Wilbur Ross and White House economic advisor Larry Kudlow made remarks that predict phase one of a trade deal with China is nearing completion, though the president has yet to signal..

Credit: Cheddar Inc.     Duration: 02:30Published

Trump's 'no impact' statements on Walmart are false [Video]Trump's "no impact" statements on Walmart are false

Trump has claimed that the punitive tariffs levied in a 19-month dispute with China had not hurt Walmart.

Credit: Rumble     Duration: 00:37Published

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest