U.S. and Chinese officials will restart trade talks at the end of this week, but...
BEIJING/WASHINGTON - U.S. and Chinese officials will restart trade talks at the end of this week, but any agreement the world’s largest economies carve out is expected to be a superficial fix.
The conflict between the two countries could take a decade to resolve, White House economic advisor Larry Kudlow warned on Sept. 6. Yu Yongding, an influential former policy adviser to China’s central bank, told Reuters that China was in no rush to make a deal. “The ultimate result of talks must be the dropping of all tariffs,” said He Weiwen, senior fellow, Chongyang Institute for Financial Studies at Renmin University. “This is the baseline for China.” He is not optimistic about the talks’ prospects.
Democrats running against Trump aren’t likely to repair the China relationship if they take the White House in 2020. In a debate on Sept. 12, presidential candidates used terms like corruption and theft to discuss China’s trade practices. Additionally, the 2020 National Defense Authorization Act, or NDAA, could include provisions targeting China on issues ranging from technology transfers to the sale of synthetic opioids.Trump faces a worsening economy and recession fears at home, thanks in part to the tariffs he has enacted, but key constituencies have stood by him so far. U.S. executives in China say Beijing is miscalculating if it thinks the trade war will undermine Trump’s political support.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
U.S., Chinese trade deputy talks to start on Thursday: USTRDeputy-level U.S.-China trade talks are scheduled to start in Washington on Thur...
Consulte Mais informação »
U.S.-China deputy-level trade talks to begin Thursday in DC: USTRDeputy trade negotiators for the United States and China will meet in Washington...
Consulte Mais informação »
China says 'vice ministerial' officials will be in Washington for trade talks on WednesdayChinese officials will be in Washington on Wednesday to hold consultations with the U.S. ahead of high-level trade talks in October.
Consulte Mais informação »
China vice finance minister to head to U.S. for trade talks on WednesdayChina's vice finance minister will lead a delegation to visit the United St...
Consulte Mais informação »
U.S., Chinese trade deputies seen meeting Friday: U.S. Chamber CEOU.S. and Chinese deputy trade negotiators are expected to meet on Friday, with s...
Consulte Mais informação »
Trump's trade war with China is 'mutually assured destruction': Samantha PowerIn a new interview, former U.N. Ambassador Samantha Power recently argued that the dispute is hurting both China’s economy and everyday working Americans.
Consulte Mais informação »