Kamala Harris blasts Donald Trump for conducting China foreign policy via Twitter


Kudlow told Wallace that Trump and China's President Xi Jinping could meet next month on the sidelines of the G20 summit to discuss their differences on trade, but no new talks are scheduled.

On Friday, in the midst of last-ditch talks to rescue a trade deal, the Trump administration raised duties on $200bn of Chinese imports to 25 percent from 10 percent, after charging that China had backtracked on commitments it made earlier in the negotiations.

Friday's increase raised US duties on $200 billion of Chinese goods to 25% from 10%.

Chief White House economic adviser Larry Kudlow told "Fox News Sunday" that "both sides will suffer" from the escalating trade war between the US and China, the world's two biggest economies.

White House economic adviser Larry Kudlow told a Fox News program that China needs to agree to "very strong" enforcement provisions for an eventual deal and said the sticking point was Beijing's reluctance to put into law changes that had been agreed upon. Kudlow undercut that in an interview on "Fox News Sunday".

China's top trade negotiator, Liu He, said Friday that talks would continue in Beijing at an unspecified date.

"Humiliating the Chinese. means exposing his successors to a huge problem with China, which isn't North Korea or any other country that can be pushed around without major repercussions", Di Meglio said.

The toughening stances on both sides in their trade war showed that the two powers are ready to play hardball to protect their national interests. The two countries have been at odds since last summer when Trump implemented billions of dollars of tariffs on Chinese goods.

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They include 'forced tehnology transfer, ' a phenomenon in which China's government requires foreign companies to share control of their operations with Chinese companies - often giving their competition direct access to their trade secrets.

He downplayed concerns that the tariffs would lead to USA job losses and hurt the GDP. It also accuses China of stealing intellectual property from U.S. firms.

"If they weren't being seriously provoked, the Chinese people would not favor any trade war".

Washington wants Beijing to roll back government support for Chinese companies striving to become global leaders in robotics and other technology. Trump is dead-set on tariffs and China has decided it can take the pain.

The president argued there was "no need to rush" into a trade agreement with China, as the US Treasury was benefiting from these "massive payments".

Over the weekend, Trump and his team of advisers took to social media and television to defend the tariff increase, which came into effect at 12.01pm on Friday.

"The longer we're involved in a tariff battle or a trade war, the better chance there is that we could actually enter into a recession", Republican Senator Rand Paul said on ABC's "This Week" on Sunday.

"The market reaction will ultimately depend on whether China and the United States continue to negotiate, whether the remaining $325bn of U.S. imports from China also get tariffed, how China retaliates, and what happens to the (section) 232 auto tariffs". "We have had unfair trading practices all these years and so in my judgment, the economic consequences are so small, but the possible improvement in trade and exports and open markets for the United States - this is worthwhile doing".