US trade ambassador Dennis Shea said China is seeking to "outright steal" technology in strategic industries and dump its products in the US market, while China's envoy insisted that Washington's "reckless actions" are to blame for the ongoing trading system crisis.
READ MORE: China to WTO: US Tariffs 'Allow Protectionism to Be at Large'
Trump agreed to suspend plans to raise tariffs on $200 billion worth of Chinese products from 10 percent to 25 percent in order to pave the way for trade talks with Beijing, but warned that if the negotiations do not succeed within three months, tariff increases will move forward as previously planned.
China and the United States have been engaged in a trade war since US President Donald Trump announced in June that $50 billion worth of Chinese goods would be subject to 25 percent tariffs in a bid to fix the US-Chinese trade deficit. Since then, the two countries have exchanged several rounds of trade duties on hundreds of billions of dollars’ worth of goods.
