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Comments: Chinese Goods and Trump Administration

comments: In comments carried by China's state-run CCTV, Liu said the remaining differences are crucial ones having to do with principles, and we will make no concessions on matters of principle, according to CTV. Still, he said he did not believe the negotiations had broken down. In comments to reporters before he left Washington for Beijing on Friday, Vice Premier Liu He said he was cautiously optimistic but that a deal would require the Trump administration to agree to end the punitive tariffs it has imposed on billions of dollars' worth of Chinese goods. On the contrary, I think it is just a small setback in the talks between two countries, which is inevitable, Hong Kong's Phoenix TV showed him as saying. The Trump administration raised tariffs on billions of dollars of Chinese goods to 25% from 10% on Friday. Liu said it was China's opinion that the tariffs are the starting point of the trade friction and must be totally lifted if a deal is reached. ( As reported in the news.