Washington Update

April 21st, 2017
By Meg Kelly

President Donald Trump this week signed two new executive orders that have implications for international trade and, potentially, China.

 

On Tuesday, Trump signed the “Buy American, Hire American” executive order to “maximize … the...

April 14th, 2017
By Meg Kelly

Despite no significant breakthroughs on key issues in the relationship, the White House and Chinese media reported that the first meeting of Presidents Donald Trump and Xi Jinping  was favorable. Trump indicated he and Xi began a good relationship, saying in a Fox News interview this week that the pair had “great chemistry.”

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April 13th, 2017
By Erin Ennis

As part of the sideline meetings last week during the first meeting of Presidents Donald Trump and Xi Jinping, China proposed a 100-day agenda to reduce trade tensions between the two governments. The plan has little detail and likely represents a starting point for discussions with the Trump administration. China’s “asks” were also not included in the proposal.

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April 10th, 2017
By Meg Kelly

Presidents Donald Trump and Xi Jinping ended their first summit today, apparently agreeing that Trump will visit China this year and setting up a revised structure for bilateral dialogue. Both of these outcomes align with recommendations from the USCBC board of directors issued last month.

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March 31st, 2017
By Meg Kelly

March 31, 2017

 

Chinese media on Thursday confirmed rumors that had been circulating for several weeks: President Xi Jinping will travel to the United States on April 6 and 7 to meet with President Donald Trump at Mar-a-lago in Palm...

March 24th, 2017
By Meg Kelly
March 24, 2017  

US Trade Representative-designate Robert Lighthizer’s confirmation hearing before the Senate Finance Committee was held last week, but it is still unclear if he will need a waiver for his nomination to move forward to the full Senate. The White House has argued that the statute barring USTRs from having previously represented foreign governments is an unconstitutional restriction on the...

March 17th, 2017
By Meg Kelly

March 17, 2017

 

Mnuchin: US wants to avoid trade war

 

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March 10th, 2017
By Meg Kelly

March 10, 2017

 

The trade deficit, and its implications for the health of the US economy, has been a hot topic in the new administration.

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March 3rd, 2017
By Meg Kelly

President Trump’s first address to a joint session of Congress and the Office of the US Trade Representative’s release of its annual Trade Policy Agenda were light on detailed proposals, but set a tone this week in Washington of more restrained economic nationalism.

 

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February 24th, 2017
By Meg Kelly

February 24, 2017

 

China’s exchange rate returned to headlines this week, when newly-confirmed Treasury Secretary Steven Mnuchin and President Donald Trump provided somewhat different views of the issue.

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