Washington does not argue “not yet with Beijing in customs duties,” said the United States Finance Minister on Wednesday, April 23, Scott Besent, during a meeting with the press in the US capital.
“I think, on the one hand, on the other, we are waiting to be able to talk to us,” said Scott Besent. “I would be surprised that this conversation took place,” added the secretary to the treasure, his official title.
Lower customs duties before any discussion
Scott Besent also said that exorbitant customs duties established on both sides must fall as a previous requirement for any negotiation.
“I think that neither parties considers the current level of customs duties as sustainable, so I would not surprise that they are mutually lowered,” he said.
The commercial war initiated by the US Executive from the return to the White House of Donald Trump resulted in 145% of additional customs duties in Chinese products that enter the United States, and 125% decided in retaliation for Beijing over goods of the United States.
“It is the equivalent of an embargo, and a break in the commercial relations of the two countries is not suitable for anyone,” said Scott Besent.
“I think that the decalciation on both sides is possible,” he added, echoing the day before closed doors, but informed the media by a source present in the room.
The US president had said a little later on Tuesday that customs duties in Chinese products were going to “down substantially”, a statement that acted as a balm for actors in the financial market.
Scott Besent also assured Wednesday that there was no unilateral tax offer from Donald Trump, while American Press reported a possible customs sand applied to Chinese products.
Source: BFM TV
