A Commercial Aircraft Corp. of China Ltd. C919 aircraft stands under assembly in Shanghai in 2017. Proposed U.S. tariffs take special aim at the “Made in China 2025” plan, which supports development of advanced technologies in fields such as artificial intelligence, robotics, biopharmaceuticals, new energy vehicles and aviation. Qilai Shen/Bloomberg/Bloomberg via Getty Images hide caption
toggle caption Qilai Shen/Bloomberg/Bloomberg via Getty Images
After three rounds of tariffs and counter-tariffs, both actual and proposed, the U.S. and China appear deadlocked, with the possibility of a trade war still looming. China remains defiant in the face of U.S. threats, while the U.S. appears indifferent following China’s pledges to open its markets.
“China will not enter into any negotiations while under threats from the U.S.,” Chinese Commerce Ministry spokesman Gao Feng told journalists last Thursday. He added that the U.S. has not shown any sincerity about holding talks.
Chinese President Xi Jinping promised in a speech on April 10 to cut auto import taxes, open China’s markets further and improve conditions for foreign companies. Li Xueren/Xinhua/via AP hide caption
toggle caption Li Xueren/Xinhua/via AP