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China says existing US tariffs should be removed for a trade agreement



Flag of the United States and China appear at the American International Chamber of Commerce (AICC )'s China International Fair for Trade Services Services in Beijing, China, May 28, 201

9. REUTERS / Jason Lee

BEIJING (Reuters) – Existing US tariffs should be removed if there is to be a trade agreement between Beijing and Washington, China's Trade Ministry said on Thursday.

The leaders of the two countries agreed last weekend to resume trade negotiations that were stalled in May after US officials accused China of withdrawing from the obligations of a pact of negotiations that dealers had said , was almost finished.

Business teams from both countries are in touch, says Trade Minister spokesman Gao Feng a regular media briefing.

To get negotiations restarted, US President Donald Trump had agreed not to charge around $ 300 billion in additional Chinese imports and ease restrictions on Chinese tech giant Huawei.

The US now has 25% of $ 250 billion of Chinese goods, from furniture to semiconductors.

China welcomes the US decision not to drag new tariffs on its goods, Gao said when asked how long the trade surplus could last.

Reporting of Stella Qiu and Ryan Woo; Editing Clarence Fernandez

Our Standards: Thomson Reuters Trust Principles.

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