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Trade War: Trump was able to extend the term of the Chinese transaction



  This photo, taken in 2018 August 2, Shows Yinglin Town in Jinjiang, China's East Fujian Province Image Copyright
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US President Donald Brief said he could extend March 1. deadline for reaching a trade agreement with China if they make good progress

This week, Chinese and US officials will hold high-level talks aimed at halting their harmful trade war.

US officials have said earlier that March 1

will be the first. It was difficult to reach an agreement aimed at preventing further tariffs.

Both countries have introduced billions of dollars worth of each other's goods.

Vice-President talks started this week in Beijing. The high-level debate led by US Treasury Secretary Steven Mnuchin and Chinese Vice President Liu He should begin on Thursday, as both parties will hasten to make progress by 1 March.

"If we are close to a deal where we think we can make a real deal and that will be done, I could see that I will release this transparency a bit," said Mr Short. .

"But, overall, I don't want to do that."

In the US, US $ 250 (£ 193 billion) Chinese merchandise values ​​have been set, and China has withdrawn its liability by charging $ 110bn in the US

In December, both sides agreed to suspend new tariffs for 90 days to negotiate.

The US said it would raise tariffs from $ 200 billion. Value of Chinese imports from 10% to 25% if both parties before March 1.

J. It also threatened further tariffs for additional $ 267 billion worth of products

Washington is pushing Beijing to change its economic policies, which it claims to unfairly favor local businesses through subsidies and other support

. ] She also accused the government of supporting technology theft as part of a broader development strategy, while China has the feeling that the US is using a trade war to limit the country's rise

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