The United States is willing to negotiate with China on trade, but only if talks are serious, as previous attempts produced little progress. The senior US official told a media late last night that as trade tensions between the two nations escalated, no formal negotiating sessions have been set.
The Official on request of anonymity said, there are ongoing communications on trade, with the Chinese. The official said Republican President Donald Trump, who has already sought 50 billion Dollars in new tariffs on China, will insist on verifiable, enforceable and measurable deliverables from China in any trade negotiations.
The comments came as President Trump said yesterday that he had instructed U.S. trade officials to consider 100 billion Dollars in additional tariffs on China in light of China’s unfair retaliation against earlier U.S. trade actions.
In a statement, Trump said the US Trade Representative had determined that China has repeatedly engaged in practices to unfairly obtain America’s intellectual property.