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Encouraged by Xi's remarks, but want 'concrete actions': US

Thursday, April 12, 2018
By Lalit K Jha

Washington: The US today welcomed Chinese President Xi Jinping's remarks to open up his country's market, but ruled out reversing President Donald Trump's 25 per cent import tariffs worth USD 50 billion on Chinese products, saying America wants "concrete actions" from China.

In his keynote address at the Boao Forum for Asia yesterday, Xi pledged to lower auto import tariffs, protect the intellectual property of foreign companies and further open the world's second largest economy. "China's door of opening up will not be closed and will only open wider," Xi said.

"Certainly, we are encouraged by President Xi's words, his kind words. But at the same time, we want to see concrete actions from China, and we're going to continue moving forward in the process and in the negotiations until those happen," White House Press Secretary Sarah Sanders told reporters at her daily news conference.

The White House remarks came after Trump praised Xi for his remarks.

"Very thankful for President Xi of China's kind words on tariffs and automobile barriers...Also, his enlightenment on intellectual property and technology transfers. We will make great progress together!" Trump tweeted.

The statements from both leaders follow a week of escalating tariff threats sparked by US' concern over China's trade and intellectual property policies, worrying financial markets over potential damage to global growth.

The world's top two economies had edged towards an all-out trade war after Trump administration last week published a list of about 1,300 Chinese exports worth USD 50 billion.

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