China is demanding that Donald Trump eliminate a round of tariffs scheduled to go into effect in December and lift another round of penalties imposed in September as Xi Jinping considers a visit to the U.S. to sign a 'phase one' deal
China is demanding that President Donald Trump not only eliminate a round of tariffs scheduled to go into effect in mid-December but also wants him to lift another substantial round of penalties imposed in September as Chinese President Xi Jinping considers a visit to the United States to sign a "phase one" trade deal, said three people familiar with internal discussions.
China is also very eager to have a 25 percent tariff removed, or at least cut in half, on an additional $250 billion worth of Chinese goods, although that is not anticipated to be part of a deal right now, the people said.U.S. officials are currently struggling over how to make sure China lives up to its side of the deal. The main enforcement mechanism being considered is that all the tariffs could be re-imposed, one of the people said.
“There is progress. First, I want to get the deal. I mean, the meeting place to me is going to be pretty easy. But first, we'll see if we get the deal. And if we get the deal, the meeting place will come very easily. It'll be some place in the U.S.," Trump said on Sunday.
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