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Feature Article by Stephen Lendman
No Breakthroughs in Sino/US Trade Talks
by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)
Two days of talks between Chinese and US delegations last week ended with diplomatic language alone, indicating failure to accomplish anything significant, both sides holding firm in their demands.
First quarter 2018 US trade deficit with China was the highest on record at $91.1 billion, up over $10 billion year-over-year.
The comment period on Trump's announced $50 billion in tariffs on Chinese goods expires at end of May. They're likely coming if some agreement between both countries isn't achieved in the next few weeks.
"This ever-expanding trade deficit is like the ghost of Trump trade promises past that is haunting the US negotiators (in talks with Beijing officials), trying to remedy the debacle of our China trade policy and those trying to conclude a NAFTA replacement deal that ends the outsourcing incentives and thus could
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