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USCBC Statement on This Week's Negotiations in Beijing

In response to the White House’s statement about this week’s negotiations in Beijing, US-China Business Council (USCBC) President Craig Allen said:

“We’re pleased to hear confirmation that the governments are working on a memorandum of understanding (MOU). We’ve called for progress on the substantive issues at the heart of the trade dispute; mutually-agreed upon outcomes in an MOU would be a way to do that. However, our members want an agreement that includes measurable, commercially meaningful...

Top US and Chinese trade negotiators will face off at the White House

The Trump administration issued a notice officially logging the new tariff deadline into law shortly after the President's dinner with Xi in Argentina in early December. But that time stamp could just as easily be revised at Trump's discretion. "March 1 was always an arbitrary deadline," said Craig Allen, president of the US-China Business Council. "This is what the President is apparently contemplating."