Tariffs are forcing China to pay attention to U.S. concerns, Secretary of Commer...
SYDNEY - Tariffs are forcing China to pay attention to U.S. concerns, Secretary of Commerce Wilbur Ross said in Sydney on Thursday.
Ross said the United States would have preferred not to implement tariffs against Chinese goods more than a year ago, but added that it has forced Beijing into action. The trade war has weighed on global growth and roiled financial markets. “We could have had a deal two-and-a-half years ago without going through the whole tit-for-tat on tariffs that we have.”Top U.S. and Chinese trade and economic officials will meet in Washington on Thursday and Friday to try to end the escalating dispute.
Negotiators had made no progress in deputy-level trade talks held on Monday and Tuesday in Washington, the South China Morning Post said, citing unidentified sources with knowledge of the meetings.
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