China Threatens New Tariffs as Pompeo Meets with China’s FM

China Threatens New Tariffs as Pompeo Meets with China’s FM

August 3, 2018, 9:34 AM

China Threatens New Tariffs as Pompeo Meets with China's FM

U.S. Secretary of State Mike Pompeo, left, and China's Foreign Minister Wang Yi shake hands ahead of a bilateral meeting on the sidelines of the 51st ASEAN Foreign Ministers Meeting in Singapore, Aug. 3, 2018.
U.S. Secretary of State Mike Pompeo, left, and China's Foreign Minister Wang Yi shake hands ahead of a bilateral meeting on the sidelines of the 51st ASEAN Foreign Ministers Meeting in Singapore, Aug. 3, 2018.

SINGAPORE —

China warned Friday it would impose new tariffs on $60 billion worth of U.S. goods if the Trump administration follows through with its latest trade threats.

The Commerce Ministry said the proposed tariffs of 5 percent to 25 percent on more than 5,200 U.S. goods are restrained and maintained it has the right to take retaliatory action in the escalating trade war between the world's two largest economies.

China's warning came shortly after U.S. Secretary of State Mike Pompeo met Friday with Chinese State Councilor and Foreign Minister Wang Yi in Singapore. The two men did not speak to the press after the meeting, and reporters were ushered out of the room before the talks began.

On Thursday, the Chinese Foreign Minister told reporters the U.S. needed to calm down and consider its own consumers, responding to threats by the Trump administration to raise its proposed tariffs on $200 billion worth of Chinese goods from the initially planned 10 percent to 25 percent. Wang Yi said raising tariffs would hurt U.S. consumers and businesses located in China.

"Instead of achieving one's own goal by doing this, we believe it will only hurt one's own interests," said Wang.

The U.S. says it wants China to stop stealing U.S. corporate secrets and stop subsidizing Chinese companies with cheap loans that give them an unfair advantage.

Natural disasters

Before meeting with Wang, Pompeo co-chaired an ASEAN ministerial meeting with Singapore's Foreign Minister Vivian Balakrishnan. Pompeo started off by expressing his sorrow for a number of devastating natural disasters in the region.

U.S. Secretary of State Mike Pompeo poses with other attendees during an ASEAN-U.S. Ministerial Meeting in Singapore, Aug. 3, 2018.
U.S. Secretary of State Mike Pompeo poses with other attendees during an ASEAN-U.S. Ministerial Meeting in Singapore, Aug. 3, 2018.

"On behalf of the United States, let me also offer my condolences to the people of Laos for the loss of life and devastation caused by the dam breach," said Pompeo.

He said the U.S. government is providing assistance to respond to this disaster and welcomes the support already provided by the ASEAN Humanitarian Assistance Center. Pompeo also expressed his condolences to Indonesia, where a powerful earthquake struck; and to Myanmar, for the casualties suffered in recent flooding and landslides.

Security issues

Economic opportunities in the Indo-Pacific region are a major focus of Pompeo's visit, but security issues also are high on the agenda of the ASEAN meetings, as Pompeo made clear.

"On security, we appreciate ASEAN's ongoing efforts to promote peace and stability in the region, support the rule of law in the South China Sea, and to strictly enforce sanctions on North Korea. We are also working with ASEAN member-states to counter the threat of terrorism and violent extremism in the region."

Pompeo wrapped up a full day with a meeting with Singapore's prime minister, Lee Hsien Loong, at the Istana in Singapore.

Malaysia visit

He started his Southeast Asia tour Thursday in Malaysia.

FILE - U.S. Secretary of State Michael Pompeo is greeted by local officials as he arrives at the military airport in Subang, outside of Kuala Lumpur, Malaysia, Aug. 2, 2018.
FILE – U.S. Secretary of State Michael Pompeo is greeted by local officials as he arrives at the military airport in Subang, outside of Kuala Lumpur, Malaysia, Aug. 2, 2018.

Pompeo was the first senior U.S. official to visit Malaysia since Prime Minister Mahathir Mohamad took office following a May election dubbed "quite historic" by a senior State Department official. Pompeo met with Mahathir early Friday, and congratulated the people of Malaysia on their democratic transition.

It was the first stop of his Asian tour, focused on promoting free trade and pressuring North Korea to give up its nuclear weapons. After holding ASEAN meetings in Singapore, Pompeo will head to Indonesia.

Detained pastor

Earlier Friday in Singapore, Pompeo met with his Turkish counterpart in an effort to obtain the release of Andrew Brunson, a detained U.S. pastor who Turkey accuses of backing terrorism. The Trump administration has placed sanctions on Turkish officials because of Brunson's detention. Turkey says the sanctions are unacceptable.

FILE - Andrew Brunson, an evangelical pastor from Black Mountain, North Carolina, arrives at his house in Izmir, Turkey, July 25, 2018.
FILE – Andrew Brunson, an evangelical pastor from Black Mountain, North Carolina, arrives at his house in Izmir, Turkey, July 25, 2018.

Pompeo and Mevlut Cavusoglu met on the sidelines of a meeting of regional ministers in Singapore.

The top U.S. diplomat said "Brunson needs to come home, as do all the Americans being held by the Turkish government. Pretty straightforward. They've been holding these folks for a long time. These are innocent people."

Turkey has also detained three Turkish employees of the U.S. consulate in Istanbul.

The Turkish foreign ministry has called the sanctions a "disrespectful intervention in our legal system" that would harm "the constructive efforts toward resolving problems between the two countries."

Wayne Lee, William Gallo and Fern Robinson contributed to this report.

Original Article

CATCH THE LATEST BREAKING POINT SHOW WITH DAVID ZERE

CATCH THE AMERICAN SUNRISE SHOW M-F AT 8AM ET.

WATCH THE LATEST EDITION OF WAR ROOM WITH STEVE BANNON

PRESIDENT TRUMP LIVE AT UFC 309 IN MSG NY

WATCH THE AFPI GALA AT MAR-A-LAGO WITH PRESIDENT TRUMP

CATCH THE LATEST STEVE GRUBER SHOW

WATCH RAV'S SPECIAL REPORT M-5 AT 4PM ET.

CATCH THE LATEST AMERICA'S VOICE LIVE SHOW

WATCH RAV'S ELECTION NIGHT 2024 LIVE COVERAGE

WATCH ON RUMBLE WATCH ON GETTR

WATCH THE LATEST COWBOY LOGIC BARN PARTY SHOW

AMERICA'S VOICE LIVE - ELECTION DAY

JOIN US IN LIVE CHAT 24/7 ON RUMBLE

JOIN US ON OUR 24/7 LIVE RUMBLE STREAM