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Six thousand jobs. This is business a. Welcome the trumpet ministration has today raised duties on two hundred billion dollars worth of chinese imports from ten to twenty five percent will retaliate meanwhile trade delegations of both countries are in talks in washington that are being described as tense. The chance of a breakdown of the talks significantly increased now will bring in our correspondent in washington for the latest and have a look at how markets are taking its but first this report for. It would prove to be an uphill climb for the chinese negotiators as talks resumed in washington just hours before new u. S. Tariffs went into effect chinas vice premier rejected the u. S. Is rationale for the new duties its accusations that beijing had reneged on several points of agreement. Ive come here in good faith i want a reasonable and a Frank Exchange of opinion with the u. S. Side china believes in further tariffs is not a ....
Side china believes in further tariffs is not a good way to solve our problems so it s not good for china nor is it good for the us nor does it help the world. few expected a breakthrough in thursday s talks and donald trump was keen to point out the positive side to state import tariffs. i happen to think that tariffs for a country. a very powerful you know with a piggy bank that everybody steals from including china we ve been paid china five hundred billion dollars a year for many many years china rebuilt their country because of us this is gearing up for what could be a bruising trade conflict china showed that it has resources at its disposal officials say its spelt and road initiative can help offset the results of a trade war with the u.s. and they re pointing to strong growth in the service sector. where. china s high ....