China said on Thursday comments made by a senior White House official blaming Chinese President Xi Jinping for blocking progress on a deal to avert a trade war were “shocking” and “bogus” accusations.
The United States and China this month slapped tariffs on $34 billion of each other’s imports in an escalating trade tussle that has roiled financial markets.
U.S. President Donald Trump has threatened further tariffs unless Beijing agrees to change its intellectual property practices and high-technology industrial subsidy plans.
On Wednesday, Larry Kudlow, who heads the White House Economic Council, said that he believed lower-ranking Chinese officials want a deal, including Xi’s senior economic adviser Liu He, but that Xi has refused to make changes to China’s technology transfer and other trade policies.
Asked about Kudlow’s comments, China’s foreign ministry spokeswoman Hua Chunying said: “That the relevant United States official unexpectedly distorted the facts and made bogus accusations is shocking and beyond imagination.”
“The United States’ flip-flopping and promise-breaking is recognized globally,” she told a regular briefing in Beijing.
China has made the utmost efforts to avoid an escalation of trade frictions, Hua said, reiterating that China does not want a trade war but is not afraid of one.
Kudlow said on Wednesday that Xi was “holding the game up.”
“I think Liu He and others would like to move but haven’t,” he said at a conference. “We are waiting for him (Xi). The ball is in his court.”
China could end U.S. tariffs “this afternoon by providing a more satisfactory approach” and taking steps that other countries are also calling for, he said.
China’s other trading partners, including the European Union, while not supporting tariffs, have also criticized Beijing’s trade policies.
China has blamed Washington for the trade conflict, with the foreign ministry calling it the biggest “confidence killer” for the global economy, and vowing to fight back if the United States continued to be “wilful”.
Reporting by Michael Martina; Writing by Christian Shepherd; Editing by Darren Schuettler
He’s trying ‘to get under Trump’s skin’: Reporter Olivia Nuzzi outlines Joe Walsh’s impact on 2020
Republican strategist Shermichael Singleton explained during an MSNBC panel discussion that former Rep. Joe Walsh isn't likely to peel away many voters from Trump as someone who is "Trump-light." New York Magazine reporter Olivia Nuzzi, however, thinks Walsh with have a more significant impact, whether or not he can win the primary race.
During a CNN panel discussion, Nuzzi similarly noted that Walsh's primary purpose could be to troll the president.
Boris Johnson ‘tremendously humiliated’ Donald Trump on a global scale at G-7 meeting: CNN analyst
United Kingdom Prime Minister Boris Johnson was one of President Donald Trump's favorite people to take over for Theresa May when she resigned this summer. But Johnson also mocked the U.S. president and humiliated him on a global scale, said New York Magazine reporter Olivia Nuzzi.
During a panel discussion on CNN Sunday, CNN's Ryan Lizza opened by saying that Johnson is in a tight spot as he's trying to negotiate Brexit while serving as an international leader to the G-7. Johnson also needs to negotiate a trade deal with Trump, but he clearly is going about it in the worst possible way.
Trump allies acquiring ‘dirt’ on journalists to take them down during the 2020 election
President Donald Trump's war against the media has taken a next step. According to The New York Times, Trump's allies have been compiling information on reporters at CNN, The Washington Post and The New York Times to strike back because the president believes they "aggressively investigated" him.
The information was revealed Sunday using information disclosed by associates of conservative Arthur Schwartz, who is spearheading the project. Schwartz is an adviser to Donald Trump Jr. and previously worked with Steve Bannon.