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...
More US tariffs on the horizon, China vows to retaliate
President Trump announced on Thursday that the United States will impose a 10 percent tariff on the remaining $300 billion worth of Chinese imports on September 1, unless China follows through on supposed commitments to buy US...
US-China talks will resume on Tuesday, United States announces more trade aid for farmers
After two phone calls over the past several weeks, the United States and China agreed to hold their first high-level trade negotiations since trade talks hit an impasse in early May. The talks...
Widening differences between the US and China, and more US tariffs are likely
The United States and China have yet to resolve their major differences on how to resume negotiations. Though both sides continue to have discussions over the phone, no in-person talks have been scheduled so far. Patience appears to be wearing thin within the Trump Administration, and the chance that both sides will fall back into stalemate and further escalate tariffs is growing.
US Trade...
High-level officials have yet to set a date for the next round of trade talks after phone conversation this week
While top-level negotiators from both sides spoke on the phone on Tuesday, neither side has announced when the next round of trade talks will begin. No deadline has been set for the conclusion of a trade deal, and hope for a deal appears to be low. Meanwhile, both sides appear to be assessing each other’s intentions before scheduling any official talks,...
Trump and Xi expected to announce tariff truce at the G20, while pressure builds ahead of their meeting
Presidents Donald Trump and Xi Jinping are likely to announce a suspension of additional tariffs and resumption of trade talks at their lunch meeting on Saturday, June 29, on the sidelines of the Group of Twenty (G20) Summit running from June 28 to 29. However, whether Trump will ultimately decide to impose or delay additional tariffs on $300 billion of Chinese imports will depend...
Trump and Xi will meet at the G20 summit, but whether they can reach a deal is unclear
During a phone call on Tuesday, Presidents Donald Trump and Xi Jinping agreed to meet on the sidelines of the G20 Summit, which runs from June 28 to 29 in Osaka, Japan, and to start trade talks prior to their meeting. It remains unclear if trade talks, once resumed, will lead to a trade agreement between the two countries. Meanwhile, industry groups and congressional lawmakers...
Presidential meeting between Trump and Xi still not confirmed for the G20, while both sides continue to dig in
While President Trump this week played up his expectations of a meeting with President Xi at the G20 Summit near the end of June, the meeting so far has not been confirmed by either government. China continues to be silent about the meeting, and expectations for a deal being reached at the meeting—if it does occur—are low.
Throughout this week, President Trump...
Planning yet to begin for presidential meeting as China announces additional responses to US pressure
Despite comments by President Donald Trump this week about an anticipated meeting with President Xi Jinping, plans of a presidential meeting at the G20 in late June do not appear to be underway. USCBC sources have indicated that to date neither side has taken the usual first step of officially requesting a meeting. While time is short for preparations to be made, both governments...
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