President Trump told reporters that talks are going well with China, but "we'll have to see" about the looming December 15 tariffs. Yahoo Finance’s Seana Smith and Akiko Fujita discuss with US-China Business Council President Craig Allen on The Ticker.
USCBC in the News
Business groups have leaned on their executive members to provide dispatches from the ground. Anna Ashton, director of business advisory at the US-China Business Council, says positive signs have been emerging. “We hear from both sides that the negotiators are close to a deal, so there is reason for optimism that we will not see new tariffs this month,” Ashton said. “But as you know, they’ve been close to a deal before, only to have intractable differences resurface.”
In a recent survey of such companies conducted by the US-China Business Council, intellectual property protection ranked sixth on a list of pressing concerns, down from number two in 2014.