US-China Trade Talks to Resume Despite Trump's Tariff Threat

Automatic TRANSCRIPT

Good morning facing a threat of higher tariffs from the United States. Chinese trade delegation tries to make a deal this week there in Washington for two days of talks before those talks could begin President Trump's administration announced higher tariffs on Chinese imports. Take effect at the end of this week these taxes, which are largely paid by US firms and consumers that import the goods are meant to respond after China allegedly backed off some of the terms of a possible trade deal. What's going on here? NPR's rob Schmitz is in Shanghai either. Rob good morning, Steve how did the Chinese delegation get into this situation? Yeah. I think it's a very complicated. And I don't envy, Leo hood, China's leading Goshi eater. He's sort of become the hapless mediator between two leaders have both have lofty expectations from these trade talks on the Beijing side appears leader Xi Jinping was behind the refusal to commit or the backtracking on commitments. We're not sure which that anger the US. There are reports that she himself vetoed many sections of a draft agreement angering President Trump who then of course, took to Twitter to announce his retaliation. So Lille has a stressful trip ahead of him. He's going to have to explain to his American counterparts. What happened and what exactly Beijing is willing to commit to? And they're going to ask the while the clock is ticking significant terrified that will likely have a big impact on global market. I wanna understand how much pressure China's actually under our chief economics. Correspondent Scott Horsely has noted for us that when these tariffs are charged. It's actually US consumers and businesses that pay most of the cost not China. But even with that being the case does China face negative. Effects from all these tariffs. Of course, it does. It's a global economy, and these effect all imports coming from China exports from the Chinese perspective and at the same time. China's economy has been slipping lately the auto industry has slipped twenty percent alone. So it's not great timing for Beijing. Okay. So they've got economic trouble. And even if Americans consumers pay the price, they might buy Chinese goods overtime. So how all of this being described the general public in China where there's not a free media. It's being described it with a lot of caution China's government controls the media Twitter's blocked and Beijing has been working hard to ensure the news of Trump's angry tweets threatening more tariffs were nowhere to be seen this week. And social media sites were deleting any mention of them, I went downstairs from the NPR bureau today to talk to people on the street to try and get a sense of what they knew about the negotiations. Most people I spoke to answer my questions like this gentleman. He's a Forty-five year old, man. His name is Joe, Jim. I

Coming up next