The Chinese Communist Party's newspaper urged
the United States to cancel all tariffs on Chinese goods, saying
the only way to resolve trade issues was through "equal
dialogue".
Hopes that the two sides can rekindle negotiations were raised
in the run-up to a meeting next week between President Xi
Jinping and U.S. President Donald Donald Trump in Japan, where
they will both attend a Group of 20 summit.
The Office of the U.S. Trade Representative is holding seven
days of hearings from manufacturers and other businesses likely
to be affected by a new round of tariffs on $300 billion worth
of Chinese imports proposed by U.S. President Donald Trump.
The People's Daily said all previous hearings had shown
"overwhelming" opposition to tariff increases from all walks of
life, but it had made no difference.
"It seems that some people in the United States are waving the
tariff stick in order to strengthen their so-called 'industrial
competitive advantage'," it said.
"They do not consider public opinion, do not consider national
conditions, and do not take the international economic order
into account. They just want the renown as 'winners' but cannot
understand the fact that they basically cannot win."
The U.S. National Retail Federation (NRF) said on Friday that
the proposed tariff extension on Chinese goods, including
cellphones and computers, could cost U.S. consumers an
additional $12.2 billion each year.
(Reporting by David Stanway and Winni Zhou; Editing by SImon
Cameron-Moore)
[© 2019 Thomson Reuters. All rights
reserved.] Copyright 2019 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|