China warns US sanctions will void trade talks-6

Written by Fairchick Date
What is the US trying to do? The Beijing talks were aimed at
reducing the bilateral trade deficit. The US currently buys nearly
four times as much from China as it sells to them. A White House
statement last week, which took aim at years of "unfair" trade
practices, warned the US would pursue 25% tariffs on
$50bn (£37bn) worth of Chinese
imports. The tone of the statement suggested
that China's concessions at last
month's talks in Washington were not
enough for the Trump administration,
says BBC Asia Business
correspondent Karishma Vaswani. Analysts say that the statement could
have been designed as a bargaining
tactic aimed at increasing pressure on
China ahead of Sunday's meeting,
amid criticism at home that Mr Trump
is going soft on China.-BBC News

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