Stormy G20 looms as Trump bashes China on trade

US President Donald Trump said China wants a trade deal because its economy is weakening

Possible We May Make Trade Deal With China: Donald Trump

The Chinese officials said: "Among the preconditions, Beijing is insisting that the US remove its ban on the sale of USA technology to Chinese telecommunications giant Huawei Technologies Co".

Asked about a news report that a truce in the trade war with the United States had been struck after Trump agreed to halt the next round of USA tariffs on an another $300 billion of Chinese goods, Gao said China would welcome action that helped reduce tension.

Trump, for his part, warned earlier this month that if Washington and Beijing fail to agree on a trade deal, the U.S. will introduce fresh levies targeting $325 billion worth of Chinese products.

Iran has delivered the first crude oil to a Chinese refinery complex since the United States removed as of May all sanction waivers for Iranian oil customers, including its biggest buyer China.

The Wall Street Journal reported early Thursday that Beijing is set to insist that Washington lift all $250 billion in tariffs levied on Chinese goods and its Huawei ban.

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"We welcome actions that help manage differences and prevent an escalation in frictions", he said, without answering directly whether a deal was expected at the summit. "Beijing also wants the lift all punitive tariffs and drop efforts to get China to buy even more US exports than Beijing said it would when the two leaders last met in December".

"My plan B's maybe my plan A, my plan B is that if we don't make a deal I will tariff, and maybe not at 25 per cent, but maybe at 10 per cent", Mr Trump said in the interview on Wednesday.

Trump's trade advisers have sought to hammer out an agreement that would address practices like intellectual property theft and large-scale state subsidies in China, viewing tariffs as a potential way to enforce those policies.

Gao added that during a phone call to Trump last week, Xi expressed hope that the United States would fairly treat Chinese firms. The listing bars US suppliers from selling to it without special approval. "They have worse trade barriers than China", Trump said.

Mr Trump criticised a range of trading partners in the interview, including Germany and Vietnam, which he called an "abuser" when responding to a question about companies relocating production from China to that country following US-imposed tariffs.

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Mais les charges sont finalement abandonnées, l'utilisation de l'arme à feu étant reconnue comme de la légitime défense . C'est la mère de l'enfant qui a commencé et qui a continué la dispute, ce qui a conduit à la mort de son bébé à naître.

The tariffs cover almost all the remaining Chinese imports into the United States - including consumer products such as cellphones, computers and clothing - and US retailers warn they could boost USA consumer prices significantly.

Separately, Foreign Ministry spokesman Geng Shuang also briefed reporters in Beijing on Thursday.

China and the United States have already imposed tariffs of up to 25% on hundreds of billions of dollars of each other's goods in a trade war that has lasted almost a year.

Speaking to reporters at a lunch in NY, former Chinese diplomat Zhao Weiping disputed USA complaints about Chinese technology policy, suggesting the trade war was meant to hobble a rising competitor.

"If China concedes blindly under the pressure of (U.S.) hegemony, this will really be a volte-face-esque historic mistake".

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