Impasse in US/China Trade Talks

Read more on this subject: China
Feature Article by Stephen Lendman
Impasse in US/China Trade Talks

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

On Saturday and Sunday in Beijing, the latest round of Sino/US trade talks failed to resolve key outstanding differences.

No details of weekend talks were announced. Commerce Secretary Wilbur Ross and his delegation met with Chinese Vice Premier Liu He and his team.

On Sunday, China's state-run Xinhua news agency said "achievements reached by both (countries) should be based on the premise that the two sides are coming from opposite directions and will not fight a trade war," adding:

"If the United States introduces trade sanctions, including levying additional tariffs (on Chinese products), all the economic and trade agreements reached by both sides will" be void.

Though statements by both countries said "positive and concrete progress" was made on increasing Chinese agricultural and energy imports from America, fi
Read More or Make a Comment

Bookmark the permalink.

Comments are closed.