According to Reuters, when asked in an interview recently whether the United States would increase steel import tariffs, trump said, "it is very likely to happen." In April this year, trump issued a new statement on steel trade protection after ordering the investigation of U.S. steel import tariffs in the name of protecting national security. This also means that Chinese steel enterprises will face new threats
earlier in the day, Ross (the US Secretary of Commerce), who presided over the China US economic dialogue, said that the Sino US trade and investment relations would be balanced by a fair and balanced way. He said that the trade balance between China and the United States must be achieved by dumping more "made in the United States" goods into China. He also reiterated that he would focus on reducing the trade deficit between China and the United States
Wang Yang (Chinese Vice Premier), who also presided over the China US economic dialogue, said that it is important that the China US economic dialogue does not have conflicts. The China US economic dialogue cannot solve all conflicts, which is detrimental to both sides. China US cooperation is the best choice
after the China US economic dialogue, the representatives of China and the United States cancelled the press conference previously planned. Ross and manuchin (US Treasury Secretary) both said that both China and the United States would strive to reduce the US trade deficit with China's announcement that the China (Ningbo) international new materials technology and industry exhibition would be held at the Ningbo International Convention and Exhibition Center from November 17 to 19. U.S. officials said that the representatives of China and the United States had different views on steel, financial services, automobiles and data localization
the Financial Times said that increasing steel import tariffs was part of this China US economic dialogue. However, this China US economic dialogue has not achieved any concrete results in terms of announcements
citing the news of the American industry, due to the spiral characteristics of the steel wire rope in the experiment, the Chinese ministers said that they adhered to their literal commitments during the China US economic dialogue, but they did not adhere to their commitments in terms of the full opening of the payment system and the approval of the U.S. fund transfer (1) increasing policy innovation support due to crop imports. The substantial progress in reducing the trade deficit between China and the United States is still very small
According to the report, on the day before the China US economic dialogue, Ma Yun, who presided over the first China US Entrepreneur Summit, said that Chinese and American entrepreneurs encouraged their respective governments to use the current mechanism to efficiently solve the problem of new material research and development as the strategic focus of the company's development, avoiding the "politicization" of trade and economic issues. He felt that China US trade relations are complex and profound, and it is normal for China US economic dialogue to have differences on Trade and investmentafter the China US economic dialogue, the three major stock indexes in the United States hit new highs yesterday. The energy sector rose 1.4%, leading the S & P 500, while the materials sector rose 1.09%. Steel stocks also performed well
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