Chinese ambassador blames US for sinking trade deal [Tribune] 22 May, 2019

Chinese Ambassador to the US Cui Tiankai. PHOTO: AFP WASHINGTON DC:China’s ambassador to the United States said in a Tuesday interview with Fox News that Washington repeatedly “changed its mind overnight” and sunk deals that could have ended the two countries’ trade war.Ambassador Cui Tiankai also slammed as “politically motivated” the White House’s move to ban the transfer or sale of US technology to Chinese telcom giant Huawei.“We are very worried. Such actions will really undermine people’s confidence in the normal function of the market,” Tiankai told Fox.Washington has long suspected deep links between Huawei and the Chinese military, and its moves against the company came amid the churning trade dispute.After a six month ceasefire, the standoff erupted anew on May 10 when the United States increased punitive duties on $200 billion in Chinese imports after talks in Washington collapsed.Beijing followed suit three days later, saying it would raise tariffs on $60 billion in US exports starting on June 1.In the interview, Tiankai said the administration of President Donald Trump was to blame for the failure to reach an agreement.“If you review the process of trade talks between us over the last year or so, it’s quite clear it is the US side that more than once changed its mind overnight and broke the tentative deal already reached,” Tiankai said.“China remains ready to continue our talks with our American colleagues to reach a conclusion. Our door is still open,” he added.US officials this week however issued a 90-day reprieve on the ban on dealing with Huawei, saying breathing space is needed to a avoid huge disruption.

More News

Raiwaind meeting part of ‘save my dad campaign’: Firdous

16 Jun, 2019 APP

APP55-16ISLAMABAD: June 16 - Special Assistant to Prime Minister on Information and Broadcasting, Dr Firdous Ashiq Awan talking to media at National P ... Detail

Saudi Arabia blames Iran for tanker attacks but doesn't want war

16 Jun, 2019 Tribune

Saudi Crown Prince Mohammed bin Salman. PHOTO: REUTERS RIYADH/DUBAI:Saudi Arabia’s crown prince blamed Iran for attacks on two oil tankers in th ... Detail

Lt Gen Faiz Hameed named new DG ISI

16 Jun, 2019 SuchTV

He will be replacing Lieutenant General Asim Muneer, who has been given charge of Commander Gujranwala Corps.The Inter-Services Public Relations (ISPR ... Detail

It is incumbent upon opposition to prevent economic suicide: Bilawal

16 Jun, 2019 SuchTV

Bilawal Bhutto Zardari said he would start a movement on June 23 from Nawabshah where a rally will be held in commemoration of the birthday of late fo ... Detail

IHC: CDA to halt operation against licenced stalls

16 Jun, 2019 SuchTV

The order was given by Justice Mohsin Akhtar Kiyani on a petition collectively filed by 45 stall owners.The petitioner’s counsel Haseeb Hasan told the ... Detail

Post Your Comments
Type your Comments / Review in the space below.
Name:
Email:
City:
Verify Code