Foreign Minister Wang Yi made the remarks during a meeting with U.S. Secretary of State Mike Pompeo in Beijing, according to a press release from the Chinese foreign ministry. "China trade dispute and the Taiwan issue", Wang told Pompeo.
Some economists say a new round of tariffs would add to the existing duties on $200 billion of China trade, meaning all Chinese exports into the USA would be taxed at the border. We've got to make it a two-way street.
Wang and Pompeo met after US Vice President Mike Pence delivered a searing speech on Thursday accusing China of military aggression, commercial theft and rising human rights violations as he cast the Communist regime as a villain bent on interfering in upcoming US elections. Having spent the past 20 years seeking to invite China into the global order as a "responsible stakeholder", the USA has now run out of patience over Beijing's unfair trade practices, domestic repression and assertive militarization of the South China Sea.
Responding to Wang's remarks, Pompeo said he wanted to come to Beijing to "have discussions".
"As we look at trade issues there is no question that we want to make sure China is not doing competitive devaluations", Treasury secretary Steven Mnuchin said in an interview with the Financial Times published on Wednesday. "We've got to benefit also, OK?" said the president during his farewell meeting with Nikki Haley, the USA ambassador to the United Nations who announced her resignation yesterday.
"I regret that the strategic dialogue between our two countries is something you all chose not to undertake", he said.
The two diplomats had warmer words regarding efforts to curb North Korea's nuclear ambitions.
Pompeo, who briefed Chinese Foreign Minister Wang Yi a day after meeting with North Korean leader Kim Jong Un, told him that "we have a fundamental disagreement".
Pompeo did not have a scheduled meeting with Chinese President Xi Jinping, a fact that a senior U.S. State Department official on the trip said was not odd, even though top U.S. officials often meet Chinese heads of state on visits.
A senior State Department official said, despite their differences, the USA still expected China to cooperate on efforts to denuclearize North Korea.
"For Asia, the severity of China-U.S. frictions is taking up much attention and is, to some extent, diluting attention paid to the Korean peninsula issue", it said.
"The US should not underestimate China's resolve and will".
Pompeo replied that it was "important that we listen to each other, work through and find constructive solutions so we can find a good outcome for both our countries".
While this was discussed by the two sides, bilateral issues appeared to have overshadowed it.