Trump Clouds Trade Talks With Comments to Media
Latest in Trade War
President Trump on Sept. 12 announced that the U.S. would delay tariff increases on $250 billion of Chinese imports until Oct. 15, creating a possible opening for the two sides to reach an agreement during a round of negotiations scheduled for early October. In response, China exempted U.S.
U.S., China to Resume Trade Talks, but Obstacles Remain
A tense standoff in the waters southwest of Vietnam is about to enter its seventh week. Throughout May and June, Chinese Coast Guard vessels aggressively patrolled around Malaysian and Vietnamese oil drilling platforms.
Twitter, Facebook, and Google Block Accounts Over Hong Kong Disinformation Campaign
Face-to-face trade negotiations resumed this week between representatives of the United States and China for the first time since President Donald Trump and Chinese President Xi Jinping agreed to restart talks in June. U.S.
SinoTech: U.S. Threatens Tariff Hike on Chinese Goods as Tech-Related Trade Issues Remain Unresolved
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin concluded the 10th round of U.S.-China trade talks with Vice Premier Liu He on May 1. President Trump initially cast the negotiations as a success, but then tweeted on Sunday that he would raise the tariff rate on $200 billion worth of Chinese goods from 10 percent to 25 percent by week’s end.
Last week, Chinese Vice Premier Liu He met with U.S. Trade Representative (USTR) Robert Lighthizer in the latest in a series of high-level conversations designed to de-escalate trade tensions between the world’s two largest economies. The vice premier, President Xi Jinping’s top economic adviser, has a reputation as an economic reformer interested in liberalizing China’s economy, which provides some hope that the parties will finally resolve the simmering trade war.
The meeting between President Trump and President Xi Jinping at the G20 summit in Buenos Aires kicked off a slew of activity on the trade war front. On Dec. 1, the two leaders agreed to a 90-day truce during which the United States would delay plans to increase tariffs to 25 percent from ten percent on $200 billion worth of Chinese imports.
This is the fourth post in a series. Read the first three parts here, here and here.