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
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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 John TrumpTrump says US has coronavirus 'totally under control' Senate Republicans muscle through rules for Trump trial Collins breaks with GOP on attempt to change impeachment rules resolution 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 GrassleyCharles (Chuck) Ernest GrassleyOvernight Health Care: Justices won't fast-track ObamaCare case before election | New virus spreads from China to US | Collins challenger picks up Planned Parenthood endorsement Mnuchin warns UK, Italy of tariffs if digital tax plans are implemented GOP can beat Democrats after impeachment — but it needs to do this one thing MORE (R-Iowa) said last week that China had invited U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerGOP senator warns quick vote on new NAFTA would be 'huge mistake' Pelosi casts doubt on USMCA deal in 2019 Pelosi sounds hopeful on new NAFTA deal despite tensions with White House MORE and Treasury Secretary Steven MnuchinSteven Terner MnuchinHillicon Valley — Presented by Philip Morris International — Apple reportedly dropped plans to let iPhone users encrypt backups | Justices decline facial recognition case | Critics fear Facebook losing misinformation fight | Truce on French tech tax On The Money — Presented by Wells Fargo — Trump at Davos warns Europe on trade | President boasts about US economy to global elite | Experts say Trump trade victories may yield little growth Trump at Davos sends warning shot to Europe on trade MORE to negotiations. Officials could reportedly travel after Thanksgiving, a source told Reuters.