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DonViejo

(60,536 posts)
Tue Sep 25, 2018, 08:49 AM Sep 2018

China says U.S. putting 'knife to its neck', hard to proceed on trade

Source: Reuters



SEPTEMBER 24, 2018 / 11:06 PM / UPDATED 3 HOURS AGO

Yawen Chen, Ben Blanchard
6 MIN READ

BEIJING (Reuters) - A senior Chinese official said on Tuesday it is difficult to proceed with trade talks with the United States while Washington is putting “a knife to China’s neck”, a day after both sides heaped fresh tariffs on each other’s goods.

When the talks can restart would depend on the “will” of the United States, Vice Commerce Minister Wang Shouwen said at a news conference in Beijing.

U.S. tariffs on $200 billion worth of Chinese goods and retaliatory taxes by Beijing on $60 billion worth of U.S. products including liquefied natural gas (LNG) kicked in on Monday, unnerving global financial markets.

“Now that the United States has adopted such a huge trade restriction measure ... how can the negotiations proceed? It’s not an equal negotiation,” Wang said, stressing the United States has abandoned its mutual understanding with China.



Read more: https://www.reuters.com/article/us-usa-trade-china-talks/china-says-u-s-putting-knife-to-its-neck-hard-to-proceed-on-trade-idUSKCN1M509S

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China says U.S. putting 'knife to its neck', hard to proceed on trade (Original Post) DonViejo Sep 2018 OP
This really hurts Rizen Sep 2018 #1
Welcome to DU NewJeffCT Sep 2018 #2
But the hush money isn't helping the non-farm manufacturers BumRushDaShow Sep 2018 #3
Most of the goods imported from China NewJeffCT Sep 2018 #4
Exactly and there was no hush money available for them BumRushDaShow Sep 2018 #5
theTrumpster can not grasp the concept of,,,,, Cryptoad Sep 2018 #6

Rizen

(709 posts)
1. This really hurts
Tue Sep 25, 2018, 08:56 AM
Sep 2018

Farmers and factory workers. I hope they reflect discontent by voting blue in the mid terms. No one informed could possibly have thought Trump would be a good businessman. It goes to show how little the average American uses their brain when it comes to (not) voting.

NewJeffCT

(56,828 posts)
2. Welcome to DU
Tue Sep 25, 2018, 09:19 AM
Sep 2018

but, the farmers are getting $12 billion in hush money from Trump starting right about now - just in time for elections

BumRushDaShow

(129,157 posts)
3. But the hush money isn't helping the non-farm manufacturers
Tue Sep 25, 2018, 09:39 AM
Sep 2018

nor the retailers who rely on those "Made in China" cheap goods (see all the "Dollar" stores that have replaced Walmart in many locations, that rely on these things for their business model).

(eventually the chickens will come home to roost but with this crowd, when they do so, they will go whimpering off into their coops and you won't hear a peep)

NewJeffCT

(56,828 posts)
4. Most of the goods imported from China
Tue Sep 25, 2018, 09:42 AM
Sep 2018

are imported by US corporations - Wal-Mart, Target, Dollar stores, etc



Cryptoad

(8,254 posts)
6. theTrumpster can not grasp the concept of,,,,,
Tue Sep 25, 2018, 09:57 AM
Sep 2018

"losing Face", much less its meaning to people of Honor!

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