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After 24 Hours, China Still Unaware of Calls Mentioned by Trump

EconomyAug 27, 2019 06:54AM ET
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© Reuters. After 24 Hours, China Still Unaware of Calls Mentioned by Trump

(Bloomberg) -- China declined to confirm phone calls with the U.S. that President Donald Trump claimed happened over the weekend, during which Trump said China indicated it wanted to work toward a trade deal.

"I’m not aware of that," Chinese Foreign Ministry spokesman Geng Shuang said at a regular briefing in Beijing on Tuesday. "Regretfully the U.S. has announced its decision to add new tariffs on Chinese products. Such maximum pressure will hurt both sides and is not constructive at all."

On Monday, Trump said the prospects for a deal with China are better now than at any time since negotiations began last year, even as a top state-media editor in Beijing questioned his version of events. Tensions between the world’s two biggest economies have escalated in recent days after both sides announced new tariffs on each other’s goods and Trump called for American companies to leave China.

Hu Xijin, editor-in-chief of China’s Global Times, said in a tweet that top trade negotiators hadn’t spoken by phone in recent days and that Trump was exaggerating the significance of the trade contacts. U.S. Treasury Secretary Steven Mnuchin said “there were discussions that went back and forth and let’s just leave it at that.”

Geng repeated China’s stance on the trade talks at Tuesday’s briefing. "We hope the U.S. can exercise restraint, come back to reason and create conditions for our consultation based on mutual respect equality and mutual benefit," he said.

China’s top trade negotiator, Vice Premier Liu He, said Monday China is "willing to solve the problem through consultation and cooperation with a calm attitude," which Trump cited as a positive signal. Still, the Communist Party’s flagship newspaper People’s Daily said in a commentary on Tuesday that the U.S. "shouldn’t misjudge" China’s determination to firmly retaliate if America follows through with higher tariffs.

To contact Bloomberg News staff for this story: April Ma in Beijing at ama112@bloomberg.net

To contact the editors responsible for this story: Sharon Chen at schen462@bloomberg.net, Karen Leigh

©2019 Bloomberg L.P.

After 24 Hours, China Still Unaware of Calls Mentioned by Trump
 

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Comments (13)
KZ RZ
KZ RZ Aug 27, 2019 10:01AM ET
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Fake news spreads like bull stuff on the bottom of your shoes. This is for all you doubters. You are not American Patriots. if you need help in becoming one, use President Trump as your example.
David David
David9 Aug 27, 2019 10:01AM ET
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I am a Patriot but I cannot stand behind lies.
KZ RZ
KZ RZ Aug 27, 2019 10:01AM ET
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Then you can't stand anyone because everyone lies.
Kevin Avila
Kevin Avila Aug 27, 2019 10:01AM ET
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MR. Wrong... you are no patriot...
Charles Tan
Charles Tan Aug 27, 2019 9:59AM ET
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the market still went up
David David
David9 Aug 27, 2019 9:36AM ET
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I told you guys ... The answer was, Trump saw the China roar was coming before the bell, so he made up about the call to calm the Lion down. It would have been a load roar yesterday if he didn't do that.
Kevin Avila
Kevin Avila Aug 27, 2019 9:36AM ET
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It wasnt fabricated... you as bad as the nedia. Even https://investing.com said someone on there side said it to the media on sunday...
Jack Zhang
Jack_A Aug 27, 2019 9:29AM ET
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day dreaming mode on
Scott Davison
ScottyD76 Aug 27, 2019 9:12AM ET
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The US economy is the winning hand.... always. China can't win this game of poker. Never could.
Smith Yonsen
Smith Yonsen Aug 27, 2019 9:08AM ET
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Dont be shy xijinpong
ron br
ron br Aug 27, 2019 8:51AM ET
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China is denying trumps call.
Robert Merrill
Robert Merrill Aug 27, 2019 8:35AM ET
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china caved..china cant even tell the truth with the production numbers and you expect them to sound weak in front of their people.?
Jan Buyle
Jan Buyle Aug 27, 2019 8:33AM ET
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He s lying again, as always...
Brad Dover
Brad Dover Aug 27, 2019 8:20AM ET
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well what do you know. . . trump LYING again
James Wildfire
WeaponsGrade Aug 27, 2019 8:06AM ET
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Sad when we dont know whether to believe POTUS or the Chinese state controlled communist media.  Huh.
Daniel Hall
Daniel Hall Aug 27, 2019 8:06AM ET
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lol
Daniel Hall
Daniel Hall Aug 27, 2019 8:06AM ET
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how about neither
Michael Angelo
Michael Angelo Aug 27, 2019 8:04AM ET
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Simple, the Chinese are playing him. Don't believe in trum p but less in the Chinese. Specially al comments coming from their people.
Vanessa Woo
Vanessa Woo Aug 27, 2019 7:54AM ET
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Maybe trump dreamt the call haha
 
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