Media reports say China has grown hesitant to pursue a broad trade deal with the U.S. that could include reforms to its industrial policy and subsidies.
Such developments have led many analysts to lower their expectations that both sides would reach a trade deal before the 2020 U.S. presidential election.Clete Willems, a former deputy director of the National Economic Council in the Trump administration, told CNBC last week that "being tough on China is about the only thing" with bipartisan support in Washington.
"If you're in a scenario where you have someone like Elizabeth Warren as president, I think she's going to be almost as tough as the president on China," Willems, now a partner at law firm Akin Gump, said at that time. "And she may even throw in other issues that he doesn't focus on like human rights, environment and labor, and use that to be tough on China."The U.S.
Continued friction between the two economic powers could change the structure of the global economy in the longer term, said James Sullivan, head of Asia ex-Japan equity research at J.P. Morgan.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
GOP challenger says Trump is a traitor for asking Ukraine and China to investigate BidensFormer GOP Rep. Joe Walsh, a longshot candidate for the Republican nomination for president, called President Trump a 'traitor' for asking Ukraine and China to investigate former VP Joe Biden and his son, Hunter, and again argued Trump should be impeached
Consulte Mais informação »
Trump Urging China To Probe Biden 'Completely Inappropriate,' Says Susan Collins“I thought the president made a big mistake by asking China to get involved in investigating a political opponent," said Maine&39;s Republican senator.
Consulte Mais informação »
Original Trump Goal In China Trade Talks AbandonedAfter abandoning its initial goals with China, U.S. officials hope for a modest deal to limit the economic damage caused by Trump’s tariffs.
Consulte Mais informação »
Original Trump Goal In China Trade Talks AbandonedAfter abandoning its initial goals with China, U.S. officials hope for a modest deal to limit the economic damage caused by Trump’s tariffs.
Consulte Mais informação »
White House won't say if Trump was joking about China investigating BidenThe White House has not yet said whether President Trump was joking when he publicly encouraged China to launch a corruption investigation into former VP Joe Biden.
Consulte Mais informação »
Trump: There's a chance of something 'substantial' in China trade talksPresident Trump sounds an optimistic note about this week's negotiations with China to end the trade war between the two economic super powers, adding that he would not be satisfied with a partial deal
Consulte Mais informação »