Tuesday, February 23, 2021

China wants US to scrap trade tariffs for ‘good cooperation’ | NOW


China thinks it could work with the United States on things like climate change and the corona crisis if US President Joe Biden scraps the trade tariffs set by his predecessor Donald Trump. That’s what Chinese Foreign Minister Wang Yi says.

Wang speaks of “building goodwill” between the two economic superpowers.

In order to build good cooperation, Wang says the US must stop the “irrational suppression” of China’s technological progress by US sanctions against technology companies such as Huawei Technologies.

The United States has imposed sanctions on Huawei over the telecom company’s alleged close ties to the Chinese military and the risk of espionage.

Beijing wants the two countries to talk about their relationship again. According to Wang, China and the US can still “get things done for the world together”. So far, the Biden administration has indicated its intention to continue the hardline against China on trade initiated by Trump.

US Treasury Secretary Janet Yellen said last week that trade tariffs against China are being maintained for the time being. Any changes would depend on Beijing’s adherence to trade agreements.



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