China said on Tuesday it was impossible to hold trade talks with the United States while Washington is imposing tariffs that are like “holding a knife to someone’s throat”.
Vice commerce minister Wang Shouwen said China is open to negotiations but that the two sides must treat each other “equally and with respect”.
He spoke a day after Washington activated tariffs on $200 billion in Chinese goods,
“Now that the US has adopted this type of large-scale trade restrictions, they’re holding a knife to someone’s throat. Under these circumstances, how can negotiations proceed?” Wang told a news conference.
US Treasury Secretary Steven Mnuchin had invited Chinese officials to hold new talks, but President Donald Trump’s latest salvo — and warnings that another $267 billion of goods are being lined up — appear to have scuttled that effort.
Wang met US officials in Washington in August but there have been no…
Read More…..NAN