Date
21 August 2019
It is too early to assess where US-China trade talks stand, US Commerce Secretary Wilbur Ross said on Wednesday. Photo: Reuters
It is too early to assess where US-China trade talks stand, US Commerce Secretary Wilbur Ross said on Wednesday. Photo: Reuters

China made no concessions after Trump delays tariffs: US

China made no trade concessions after the United States postponed 10 percent tariffs on over US$150 billion worth of Chinese imports, senior US officials said on Wednesday, Reuters reports.

“This was not a quid pro quo,” US Commerce Secretary Wilbur Ross told CNBC television in an interview, using a Latin phrase meaning a favor exchanged for a favor, the report noted.

Trump on Tuesday backed off his Sept. 1 deadline for imposing the tariffs on thousands of Chinese imports, including technology products, clothing and footwear, pushing it to Dec. 15 for certain items. 

White House trade adviser Peter Navarro, in a separate interview on Fox Business Network, said the decision to delay the additional tariffs was made to limit the pain on US businesses, which already had contracts to buy Chinese goods for the holiday selling season and had no way to avoid passing costs on to consumers.

Trump on Tuesday said he delayed the tariffs to shield Christmas sales from the tariffs.

Navarro declined to say what US negotiators would seek to achieve in talks with Chinese officials before the tariffs take effect. 

“These negotiations will happen behind closed doors,” Navarro said. “People just need to be patient.”

Ross said on CNBC that it is too early to assess where US-China trade talks stand. A date has not been set for another round of face-to-face discussions, he said.

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RC

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