Chinese President XI Jinping is in the process of the so-called “charm offensive” in Southeast Asia, during which he will also visit Malaysia and Cambodia.
As BBC explains, Formally, this journey has been planned for a long time, but it gained even greater significance in the face of a growing trade war between the USA and China. Vietnam threatened American duties in the amount of up to 46 percent before the Trump administration issued a 90-day suspension last week.
See also: Trump warns: Cutches on technology are still possible. “Nobody will be treated relief”
US President Donald Trump called the meeting of XI Jinping with Vietnamese leaders an attempt to come up with how to “rolle the United States of America”. According to the state media, which the BBC references, the President of China told the secretary general of the Communist Party of Vietnam is to the lama that “together they would oppose unilateral intimidation.”
“We must strengthen the strategic determination … and maintain the stability of the global free trade system, as well as industrial chains and deliveries,” said the President of China, whose words are cited by the BBC.
China calls Vietnam to oppose Trump's “intimidation”
Speaking to journalists in the oval office on Monday, Trump said that he did not “blame” China or Vietnam, but accused them of focusing on how to harm the USA. “This is a charming meeting. A meeting during which we try to find out how to decide the United States of America?” – said Trump, whose statement cites the BBC.
See also: This group of entrepreneurs voted mainly for Trump. Now they can lose a lot on the duties
The two largest economies of the world are currently escalating the trade war. The Trump administration imposed duties in the amount of 145 percent. for most Chinese imports at the beginning of this month. Beijing later answered his own 125 percent duties on American products imported to China.
On Saturday, American customs said that smartphones, computers and some other electronic devices will be excluded from 125 percent. duties on goods brought to a country from China.
Later, however, Trump spoke in social media, saying that there was no exemption for these products and he called such reports of this false notification. Instead, he said that “they just move to another tariff” bucket “.
