A spokesman for the Chinese Commerce Ministry said: “We hope American companies do more to lobby the US government and work hard to safeguard their own interests.”
The conversation was “positive,” one official said.
It also reduced its forecast for the 19-country eurozone.
20,000 jobs at a Hyundai factory in Alabama are at stake.
The rate hasn’t been this high since December 2008.
A possible second round of tariff hikes announced July 10 by the U.S. Trade Representative targets a US$200 billion list of Chinese goods.
Countermeasures could have a far greater impact on jobs and economy than fallout from steel and aluminum tariffs.
Tariffs are on affecting a $34 billion list of American goods including soybeans, pork and electric cars.
Found the US Department of Commerce acted inconsistently with trade rules.
Some drop-outs, but tit-for-tat tariffs fight didn’t stop some Canadian politicians from attending the event.
They fear the tariffs could spark reciprocal levies just as Americans embrace the lighter-tasting Canadian spirit.
Beijing has pledged to retaliate with equal tariffs on $34 billion in US goods.
Add Trump’s inflammatory rhetoric and trade tensions with Canada, NAFTA talks may be in long-term limbo.
Trudeau urged Canadians to “make their choices accordingly” in considering whether to buy American products.
US officials expect him July 2, one day after Canada’s retaliatory tariffs on US imports kicks in.