|B} BIC) AO) D) NEWS has to maintain the dignity of | the country, but it does so ina way to signal that it wants this 7 P a to resolve. JF a" S 2 ,* 4 ee 7" : ” —— RLK: It won't resolve soon. No ‘a —— 13 — ee iT: { one expects it before the mid- ae — —_—- Il | term elections. But it's very > AA: | 2s important to understand from — TV. the US point of view what the aaa real issues are and where we 5-5 seek the solution. US imposes new tariffs on $200bn of Chinese goods EIGS NEWS 03:14 vs . TWITTER @BBCNews [EISNeELIS CHRISTINE § HOST: What are the real issues? ' RLK: There are five real issues ATTA Beijing and I do not include the trade deficit — because, obviously the - = trade deficit is complicated. You > - - i have components coming from = = i a other countries that is counted re . - rv, a as part of the trade deficit, but aid — 1; | . ee et China gets no benefit from them. | f K, An iPhone for example. Maybe, z=, = : China gets 6 or 10 percent of the cost of roughly $350 for a $1000 a retail price. China has also service purchases that's not included in the trade deficit, iil al something like $40 billion per GIGS NEWS 03:13 T [EXSSITSSS APPLE PAYS DISPUTED IRISH TAX BILL . year — tourists, students. HOUSE_OVERSIGHT_026890