Washington Update

May 17th, 2019
By Angela Deng

Next steps of US-China negotiations unclear due to US actions on Huawei

Trade talks between the United States and China appear to be on hold, with tensions exacerbated by the recent tariff escalation by both sides and actions taken by the United States on Chinese technology company Huawei. No plans have been announced on the next steps, but President Trump this week said he will meet with President Xi at the G20 Summit from June 28 to 29 in Osaka, Japan.

Trade tensions rapidly...

April 5th, 2019
By Angela Deng
No deal yet and no date set for a presidential meeting, but talks continue to make progress US will present classified evidence in Huawei case, and intensifies warnings about the company’s role in 5G Congressional bill to crack down on fentanyl shipments from China USTR releases its annual National Trade Estimates Report Domestic debate on Section 232 tariffs, WTO also weighs in

No deal yet and no date set for a presidential meeting, but talks continue to make progress

Trade...

January 4th, 2019
By Angela Deng

Bilateral negotiations begin next week

The United States and China will hold their first face-to-face negotiations next week to try to reach agreement on difficult trade issues after the consensus reached by Presidents Trump and Xi on December 1.

In a press statement released today, USTR confirmed that the US delegation will include USTR Deputy Trade Representative Jeffrey Gerrish, USTR Chief Agricultural Negotiator Gregg Doud, Treasury Under...

October 29th, 2018
By Angela Deng

USCBC: China should move first to resolve the US-China trade tensions

The trade tensions between the United States and China are likely to escalate again unless China articulates the list of structural reforms that it is willing to undertake to address the US concerns, US-China Business Council President Craig Allen told reporters yesterday. 

USCBC sources indicate that the probability is currently 75 percent that the United States will increase the 10 percent tariff rate to...

May 18th, 2018
By Meg Kelly

US-China trade talks continue

As Washington Update goes to press, Chinese negotiators, led by Vice Premier Liu He, continue to meet with their US counterparts in Washington about potential progress on commercial issues in the relationship. USCBC will report on outcomes as information becomes available.

Updates on investment restrictions: CFIUS, export controls, Section 301

Executive and legislative action is expected next week that will affect foreign investment in...

May 7th, 2018
Meg Kelly

US, China end trade talks; next steps uncertain

US-China trade discussions this week have wrapped up, with no formal announcements yet but leaked negotiating documents from both sides. The US delegation, led by Treasury Secretary Steven Mnuchin, came with a long list of asks covering the trade deficit, investment restrictions, intellectual property theft, and subsidies among other issues. The White House issued a statement this afternoon saying that the US delegation would brief...

March 5th, 2018
Meg Kelly

Liu He visits Washington amid talk of steel and aluminum tariffs

Chinese President Xi Jinping’s top economic advisor, Liu He, travelled to Washington this week to discuss trade tensions with the US government. Liu, a key proponent of China’s economic reforms over the past decade, was named to the Communist Party Politburo last fall and is expected to become a vice premier next month with responsibility for the financial sector.

Liu had a joint meeting on Thursday with...