Trump has taken issues with China's World Trade Organization status as a 'developing nation,' as it allows Beijing preferential rules on tariffs.
China has rejected President Donald Trump's latest attack on its trade practices, suggesting the U.S. should be receptive to the concerns of developing countries and meet Beijing halfway on a new trade deal.
"The United States has never accepted China's claim to developing-country status, and virtually every current economic indicator belies China's claim," the memo read, noting that China's gross domestic product is second only to the U.S.
"The United States should see China's development with an open, inclusive and win-win attitude and meet China halfway to control differences on the basis of mutual respect," Geng added.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
World stocks are tumbling on fears of a Trump impeachment inquiry and China trade snags'Markets won’t like the uncertainty it brings, In previous instances (Nixon, Clinton) there has been rockiness for equities and the dollar.'
Consulte Mais informação »
World stocks are rising on hopes for US-China trade talks in 2 weeksTraders also cheered reports that China has granted waivers for tariff-free soy purchases to several companies.
Consulte Mais informação »
Trump surprised when Mnuchin says he asked China trade delegation to cancel farm tourPresident Donald Trump was clearly surprised Monday — and asked 'why?' — when Treasury Secretary Steven Mnuchin said he had asked China's trade delegation to cancel a scheduled farm tour in the United States.
Consulte Mais informação »
U.S.-China trade talks will resume in two weeks: MnuchinU.S. Treasury Secretary Steven Mnuchin said on Monday that he and U.S. Trade Rep...
Consulte Mais informação »
ABB chief says company is bullish on China despite trade war concernsPeter Voser from ABB told CNBC the ongoing trade war between Beijing and Washington has not changed the way the company invests in China.
Consulte Mais informação »
China buys about 10 cargoes of U.S. soybeans after trade talksChinese importers bought about 10 boatloads of U.S. soybeans on Monday following...
Consulte Mais informação »