No Relook At Trade Deal Signed With China: Trump

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2020-05-12 HKT 10:22

Share this story

facebook

  • No relook at trade deal signed with China: Trump

US President Donald Trump on Monday ruled out renegotiating the trade agreement signed with China.

"I'm not interested in that," Trump told reporters when asked about reports that China was looking to reopen talks about the trade deal signed in January.

"Not even a little bit," Trump said. "Let's see if they live up to the deal that they signed."

Washington and Beijing reached a partial trade deal in January.

As recently as Friday Vice Premier Liu He, who had led China's negotiations, spoke by phone with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin and confirmed that both sides agreed to implementing the first phase of the deal.

Under the agreement the Trump administration agreed to postpone any further tariff increases, while China promised to increase by US$200 billion over two years their purchases of US products compared to the level of 2017.

The US president has hit out at China's handling of the novel coronavirus pandemic and threatened fresh tariffs.

The Trump administration accuses China of taking too long to warn the world about the epidemic, and therefore to blame for the virus spreading around the world and triggering the global economic crisis.

US Secretary of State Mike Pompeo has even said claimed that the coronavirus pandemic likely originated in a Chinese laboratory, but acknowledged there was no certainty. (AFP)

RECENT NEWS

Tycoon Sits China's University Exams For 27th Time

Among the millions of fresh-faced high schoolers sitting the nation's dreaded "gaokao" college entrance exam on Wednesda... Read more

China's First Home-grown Large Cruise Liner Undocks

The first large cruise liner developed by China completed its undocking in Shanghai on Tuesday, marking its complete tra... Read more

Chinese, US Diplomats Hold 'frank' Talks In Beijing

Meetings between senior mainland and US officials in China this week struck an upbeat chord, with both sides agreeing to... Read more

China's Cruise Industry Set To Make Waves Again

China's cruise industry, suspended for more than three years due to the pandemic, is expected to resume operations in th... Read more

Toll From Deadly Landslide Rises To 19

All 19 people caught in a landslide in Sichuan province on Sunday have been confirmed dead, state media reported, announ... Read more

'Nato-like Alliance Disastrous For Asia-Pacific'

Defence Minister Li Shangfu on Sunday told the Shangri-La Dialogue security summit in Singapore that any moves to establ... Read more