Donald Trump refers to openness to cut Chinese definitions before the Geneva talks

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US President Donald Trump indicated his openness to cutting the customs tariff for China before the high -end talks on Saturday between the two largest economies in the world, as both sides seek to cancel their trade war.

In a post on his social network, Trump He suggested that the United States can approximately half of the Chinese goods tariffs, which are now 145 percent, while Beijing calls for opening its markets to American products.

“80 % tariffs on China look right! Even Scott B”, he said, referring to Geneva meeting On the American side, Treasury Secretary Scott Bessin was led.

Jamieson Greer is scheduled to meet the commercial representative and commercial actor, as the two countries seek to search for ways to relax on each other in a confrontation that reaches a dream threatening the global economy.

Despite the current sharp definitions of the United States ChinaThe data showed on Friday that China’s total exports grew sharply in April, which strengthened Beijing’s hand before the talks.

When Chinese companies converted commercial flows to Southeast Asia, Europe and other destinations, exports increased by 8.1 percent in dollars compared to the previous year.

The “Tahrir Day” tariffs in Trump shook April 2, the global markets, which revived after the president stopped most of the “mutual” fees.

But this recovery was launched and the American duties remain in China, as well as China’s revenge A tariff of up to 125 percent We have imports.

While the S&P 500 index has been widely recovered from the sharp losses it suffered immediately after April 2, it decreased by 0.5 percent this week and little changed on Friday.

Libby Cantrill, the head of the Pimco Group of General Policy, warned that “some softening the definitions within the next few weeks” may be likely to be “chances of a solid objective deal from this weekend talks very low.”

She emphasized that the commercial deals lasted historically 18 months of agreement and another 25 years of implementation, and that the relationship between the United States of China “has only deteriorated” since Trump’s first period.

She said: “We may see some positive reaction from the stock market, but any deal will be by name only.”

Trump’s suggestion on Friday that Washington can Less duties on Beijing It came a day after concluding a deal to provide it Relief of the customs tariff for the United KingdomThe first of it since it started the trade war in April.

But the people familiar with the matter said that the numbers of Trump in his social position may have been a negotiating tactic before Saturday’s talks instead of a real goal.

The Chinese Ministry of Commerce said this week that it decided to communicate with the United States “based on the comprehensive consideration of global expectations, the interests of China, and the calls of US companies and consumers.”

Beijing had previously said that the United States must reduce the definitions as a pre -negotiating condition, but it has eased its position since then.

Pesin, who described the Geneva meeting as an attempt to cancel the escalation of the trade war, described the current definitions of the United States and China to each other as “not sustainable”.

This week, the US Federal Reserve has warned that Trump’s tariff has increased uncertainty in policy makers and could increase inflation and unemployment.

Washington was imprisoned in negotiations with other countries during the past month, as Trump stopped being infringed on most of the commercial partners for 90 days.

On Friday, Trump wrote on social media that there are “many commercial deals in the voltage, and they are all good (wonderful!)!”

However, many foreign officials have indicated that the talks with Washington seem to be progressing slowly, with US officials unable to clarify specific demands.

Additional reports by William Langley in Guangzhou and Joe Lesi in Beijing