Several questions remain about the implementation of the Phase One trade agreement due to come into force on February 14. With little information from US or Chinese officials as to whether tariffs on various goods will be rolled back, there are doubts over the prospects of purchase commitments being met, and questions about the timeframe. Prospects for “phase two” negotiations are also unclear. In conversations with the US-China Business Council,...
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High-level bilateral talks scheduled for end of January
The Chinese government confirmed on Thursday that Vice Premier Liu He will visit the United States from January 30 to 31 to continue the bilateral trade talks that began at the vice-ministerial level from January 7 to 9. China’s Ministry of Commerce Spokesman Gao Feng offered no other details on Liu He’s agenda in Washington, except that both countries will try to implement the common understanding reached by...
US-China trade talks review substantive issues, but no outcomes to date
Trade negotiations between the United States and China this week covered both structural issues and the trade balance. While no agreement was reached—nor was one expected—the substantive discussions laid the groundwork for further negotiations on the most difficult bilateral trade issues.
US-China Business Council sources indicate that the talks were extended to a third day to...