Trump's threat of more tariffs on Chinese goods came after Xi vetoed concessions to US: Report

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Press Trust of India Beijing
Last Updated : May 06 2019 | 9:00 PM IST

President Donald Trump's surprise threat to impose additional tariffs on USD 200 billion worth of products from China, ahead of the key trade talks between the two countries, came after his Chinese counterpart Xi Jinping vetoed the US' demand of additional concessions, a media report said on Monday.

In his latest tweet on trade talks Trump said "for 10 months, China has been paying tariffs to the US of 25 per cent on USD 50 billion of high-tech and 10 per cent on USD 200 billion of other goods."
The Wall Street Journal reported Sunday quoted unnamed sources as saying that "China is considering cancelling trade talks that are to resume in Washington starting Wednesday."

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First Published: May 06 2019 | 9:00 PM IST

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