China wants removal of US tariffs in first phase of trade deal: report

China wants removal of US tariffs in first phase of trade deal: report
© Getty Images

China is prioritizing the removal of existing U.S. tariffs on Chinese goods in the first phase of the trade deal between the two countries, Reuters reported Sunday. 

Sources with direct knowledge told China’s Global Times newspaper Saturday that the U.S. needs to remove current tariffs in the agreement, not just upcoming scheduled tariffs.

The Global Times, which is published by the People’s Daily newspaper of the Communist Party, reported another source said U.S. officials did not want to get rid of tariffs because they viewed that as a “surrender” and giving up their leverage, Reuters reported. 


The Hill reached out to the Office of the U.S. Trade Representative for comment.

President TrumpDonald TrumpBiden to move ahead with billion UAE weapons sale approved by Trump Fox News hires high-profile defense team in Dominion defamation lawsuit Associate indicted in Gaetz scandal cooperating with DOJ: report MORE said Tuesday that the first phase of the U.S.-China agreement was being finalized up as the trade war between the countries stretches to more than a year. But Reuters reported last month that phase one, originally planned for the end of November, may be delayed until next year because of Chinese demands.

Senate Finance Committee Chairman Chuck GrassleyChuck GrassleyHolder, Yates lead letter backing Biden pick for Civil Rights Division at DOJ Number of migrants detained at southern border reaches 15-year high: reports Grassley, Cornyn push for Senate border hearing MORE (R-Iowa) said last week that China had invited U.S. Trade Representative Robert LighthizerBob LighthizerWhiskey, workers and friends caught in the trade dispute crossfire GOP senator warns quick vote on new NAFTA would be 'huge mistake' Pelosi casts doubt on USMCA deal in 2019 MORE and Treasury Secretary Steven MnuchinSteven MnuchinDemocrats justified in filibustering GOP, says Schumer Yellen provides signature for paper currency Biden's name will not appear on stimulus checks, White House says MORE to negotiations. Officials could reportedly travel after Thanksgiving, a source told Reuters.