Progress but no agreement at this week’s US-China trade negotiations
The high-level negotiations between the United States and China this week made limited progress on some of the key bilateral trade issues, but few details have been announced beyond a new planned purchase of US soybeans. Despite the lack of tangible outcomes, both countries agreed to continue their discussions in February, potentially concluding with a meeting between Presidents Donald Trump and...
Liu He will visit the United States next week despite confusion about preparatory meeting
Chinese Vice Premier Liu He will meet with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin next week from January 30 to 31, continuing the negotiations that began at the mid-level meetings from January 7 to 9. The high-level meeting will proceed according to plan despite reports that preparatory meetings were cancelled for this week. Few details are known about...
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...
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...
Additional steps taken to implement G20 outcomes amid heightened tension on cybertheft
The United States and China took some additional steps this week to reduce bilateral trade tensions, though the United States announced actions on cyber crime that dampened the mood in the relationship.
At China’s Central Economic Work Conference this week, leaders promised to implement some structural economic changes to implement the agreement reached by...
Initial actions announced on US-China trade issues, though much work remains
The United States and China this week took initial steps to reduce tensions in bilateral trade.
On Monday evening, Treasury Secretary Steven Mnuchin, US Trade Representative Robert Lighthizer, and Vice Premier Liu He spoke by phone. A brief statement released by the Ministry of Commerce said that “both sides exchanged their views on the timetable and roadmap for pushing...
Details about the agreement and future trade talks still unclear after Trump-Xi meeting
Limited details have emerged about the agreement that Presidents Trump and Xi reached at their working dinner after the G20 summit this past weekend, creating ambiguity about what the goals and agenda of the trade talks for the next 90 days will be.
Trump confirmed this week that the US Trade Representative Robert Lighthizer will be leading the trade negotiations and will also be working...
China sends a proposal on trade issues to the United States
China tabled a proposal to the United States on Monday that specifies a list of concessions that China is willing to make to address US concerns on bilateral trade issues. USCBC sources reveal that China sent the proposal to the US Department of the Treasury.
Reportedly, China’s proposal categorizes the US list of 142 demands into three parts: items that China is working on, issues that China is willing to continue...
Internal work begins on US trade priorities for Trump-Xi meeting at G20
According to news reports, President Donald Trump’s phone call with President Xi Jinping on Thursday has prompted the administration to initiate an internal process of identifying potential terms of an agreement to address US trade concerns when the presidents meet after the G20 summit on December 1. The meeting was rescheduled from November 29 to upgrade it from discussions on the sidelines of the G20 to a “...
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