Both sides working towards Phase One deal
A week since the announcement that the United States and China agreed in principle to a “phase one” trade agreement, much remains uncertain about the scope of the deal. Both sides appear optimistic about the prospect of reaching an official partial deal in time for Presidents Trump and Xi to sign in mid-November on the sidelines of the Asia Pacific Economic Conference (APEC). However, negotiators have yet to reach consensus on many of the key...
Trump to meet Chief Chinese negotiator Liu He today, mini-deal may be in sight
After a week of developments that threatened to derail high-level talks, President Trump is...
High-level trade talks still on for next week, uncertainty is mounting
Vice Premier Liu He is still set to lead a Chinese delegation to Washington, DC, next week to continue high-level trade negotiations on October 10 and 11. Larry Kudlow, White House economic adviser, said this morning there would also be deputy-level meetings on Monday and Tuesday, and that the US team was “open-minded” about the outcome of talks next week. While both sides extended more goodwill gestures this week...
Long way from deal as China and US move toward October talks
Top US and Chinese trade negotiators are preparing to continue talks the week of October 7, likely from October 10 to 11, before tariff rates are expected to increase. Both sides are keen to make a deal, but are still far apart on key issues. The United States remains committed to addressing China’s structural issues and discriminatory industrial practices, reducing the trade deficit, and ensuring that the deal is...
Deputy-level meetings in DC have concluded, no news on October meeting date
The US and Chinese deputy trade negotiators concluded two days of face-to-face talks today after resuming negotiations for the first time in nearly two months. Their goal was to lay the groundwork for high-level talks in early October, though an official date has not been set. Discussions this week were expected to focus on purchases of US agriculture products and other confidence building actions...
Goodwill gestures pave way for October talks
President Trump...
High-level bilateral talks to continue in early October
Chief US and Chinese negotiators agreed to hold the next round of high-level trade discussions in early October. Both sides confirmed the intention to meet next month following a phone call on Wednesday evening between US Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, and Chinese Vice Premier Liu He. Chinese Commerce Minister Zhong Shan, Governor of the People's Bank of China Yi Gang, and Vice Chairman...
China holds back after US raises tariffs, but trade talks are still uncertain
The Office of the US Trade Representative (USTR) this week moved forward with the plan...
US delays implementation of some tariffs, but resolution of trade dispute is still far off
The United States this week backed off slightly by choosing to delay the imposition of tariffs on some consumer goods from September 1 until December 15. The...
US takes tougher measures against China, talks in September not guaranteed
The new measures taken by the Trump Administration against China this week—labeling China a currency manipulator and issuing an interim executive order against Chinese technology companies—drew condemnation from China, and it is...
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