The Chairman of the Board of Directors explains Kevin Olieri how the United States can reform commercial and economic issues with China “once and forever” in “Evening Editing”.
The Chinese Foreign Ministry says Chinese President Xi Jinping is on a week -long trip with the beach with regional commercial partners on Monday.
The eleventh Cambodia, Vietnam and Malaysia will visit, seeking stability China trade Relationships after President Donald Trump’s tariff.
The Chinese Minister of Trade Wang Weno argued this week that the Trump tariff “caused serious harm in developing countries.”
Vietnam imported more than 161 billion dollars in Chinese goods in 2024, and Malaysia imported more than $ 101 billion, according to France Agency Basic.
China increases customs duties on US imports to 125 % of 84 %
Trump says that Shi Jinping, President of China, knows where to stand when it comes to tariffs. (Ton Molina / Bloomberg via Getty Images / Getty Images)
Both Vietnam and Malaysia are severely exposed Trump’s first wave Last week, although Trump has since relaxed the definitions and made an exception to consumer electronics.
Vietnam exported $ 136 billion of goods to the United States last year, and Malaysia sent more than $ 52 billion.
China pledged not to decline in the Trump’s huge tariff by 145 % in the country last week. Trump has stopped a high -level tariff for almost every country from China.
President Donald Trump, left, and Chinese President Xi Jinping. (Getty Images / Getty Images)
Trump remains White House press secretary Caroline Levitte said on Friday that the “optimistic” that the United States and China could face a deal on customs tariffs.
“The president has made it clear that he was open to a deal with China,” Levit said.
“The president will be … generous if China intends an agreement with the United States. If China continues to take revenge, it is not good for China. The United States of America is the most powerful economy in the world, and it is clear from more than 75 countries who called the administration immediately to reduce good deals.”
Jason Shavitz, a contributor to Fox News, is discussing how Democrats claim trading incidents from within, amid the standing of President Donald Trump’s tariff for the “final result”.
Click here to get the Fox News app
Levitte refused to determine whether the United States is currently working in trade negotiations with China.
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2020/10/0/0/Trump-President-Xi.jpg?ve=1&tl=1
Source link