Some US officials believe China is walking back trade concessions, Bloomberg News says
div > div.group > p:first-child"> Some U.S. officials fear that China is reneging on certain trade concessions, Bloomberg News reported first Tuesday afternoon. People familiar with the talks told Bloomberg that they are concerned China's pushback and stalling discussions could threaten President Donald Trump's chance at a boost ahead of his 2020 reelection bid.
Two others said that Beijing negotiators have shifted their stance because they haven't received convincing assurances from Washington that U.S. tariffs imposed on Chinese exports would be lifted. The report knocked stocks to their lows of the day and nearly sent the Dow Jones Industrial Average into negative territory on the session. The Bloomberg report did note that some U.S. officials believe China's moves were normal.
Equities quickly rebounded, however, after Dow Jones reported that trade talks are in the final stages. It also reported that U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will fly to Beijing the week of March 25 and China's Vice Premier Liu will travel to Washington the week after.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Asia set to trade cautiously as investors await US-China trade developmentsU.S. President Donald Trump said Thursday the U.S. will probably know in the next three or four weeks about a possible trade deal with China.
Consulte Mais informação »
Trump trade official says U.S. and China are ‘in final weeks’ of talks for a dealRobert Lighthizer says the negotiations are “making headway” on the toughest issues.
Consulte Mais informação »
Deal or no deal, U.S.-China trade talks may finish in weeks: LighthizerThe United States and China may be in the final weeks of discussions to hammer o...
Consulte Mais informação »
Deal or no deal, U.S.-China trade talks may end in weeks: LighthizerThe United States and China may be in the final weeks of discussions to hammer o...
Consulte Mais informação »
Stocks struggle for direction as uncertainty rises around U.S.-China trade talks
Consulte Mais informação »
Treasury's Mnuchin expects elements of China trade talks to be resolved soonThe Trump administration is discussing a thick tome of ideas with Chinese offici...
Consulte Mais informação »
China, U.S. make further substantive progress on trade talks: XinhuaChinese Vice Premier Liu He spoke by telephone with U.S. Treasury Secretary Stev...
Consulte Mais informação »
Global stocks rise on renewed trade hopes, set for best week since JanuaryGlobal stocks rose on Friday after a report that U.S.-China trade talks were mak...
Consulte Mais informação »
Treasury boss Steven Mnuchin's Hollywood ties spark ethics questions in China trade talksMnuchin's financial ties to the film industry have raised conflict of interest questions as he continues trade negotiations with China.
Consulte Mais informação »
Treasury Secretary Steven Mnuchin’s Hollywood ties spark ethics questions in China trade talksMnuchin helped produce the hit movie “Wonder Woman,” which grossed $90 million in China — but because of China’s restrictions on foreign films, the producers received only a small percentage.
Consulte Mais informação »