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USCBC Calls for Continued Negotiations
WASHINGTON – May 14, 2019 – The US-China Business Council is disappointed that both the US and Chinese governments have chosen to escalate their battle rather than set a date for a new negotiating round to work through their differences. Things are moving in the wrong direction on these issues. More tariffs will not persuade either government to change their positions and will exacerbate the damage being done to American companies and farmers that do business with China. Negotiation is the only way to get these issues back on the right track.
Despite the noise created by the tariffs on both sides, we understand that the differences between the two governments still relate to how changes will be made to China’s laws and regulations on a variety of issues, and enforcement. We urge both governments to continue the hard work of detailed face-to-face negotiations to address these important structural issues. Doing so will give American exporters and investors a level playing field in China.
