US To Resume Trade Talks With China In Washington

By
(From L) US Trade Representative Robert Lighthizer, Chinese Vice Premier and lead trade negotiator Liu He and US Treasury Secretary Steven Mnuchin talk before the opening session of trade negotiations at the Diaoyutai State Guesthouse in Beijing on February 14, 2019.  AFP
US-China trade talks aimed at ending a damaging tariff war will resume from Tuesday in Washington, the White House said.

The last set of talks ended Friday in Beijing with no deal, though US President Donald Trump said discussions were going “extremely well” and suggested he could extend a March 1 truce deadline for an agreement to be reached.

The next round of negotiations will commence with deputy-level meetings before moving on to principal-level talks on Thursday, said a White House statement issued Monday.

For the US, the talks will be led by Trade Representative Robert Lighthizer and include Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, economic policy advisor Larry Kudlow, and trade advisor Peter Navarro.

China’s commerce ministry meanwhile announced it would be represented by Vice Premier Liu He, Beijing’s top trade negotiator and key aide to President Xi Jinping, who agreed to a trade war truce with Trump at a meeting in Buenos Aires in December.

READ ALSO: UK Honda Plant Closure ‘A Devastating Decision,’ Says Minister

“We hope China and the US will both work hard together to implement the important consensus reached by our two heads of state in Argentina, get down to work, and walk together in the same direction towards a mutually acceptable and mutually beneficial agreement,” foreign ministry spokesman Geng Shuang told reporters Tuesday.

On Friday, Trump reiterated he might be willing to hold off on increasing tariffs to 25 percent from the current 10 percent on March 1 on $200 billion in Chinese goods if Washington and Beijing are close to finalizing an agreement to deal with US complaints about unfair trade and theft of American technology.

American officials accuse Beijing of seeking global industrial predominance through an array of unfair trade practices, including the alleged theft of American intellectual property and massive state intervention in commodities markets.

Since the December detente, China has resumed purchases of some US soybeans and dangled massive buying of American commodities to get US trade negotiators closer to a deal.

The talks are aimed at “achieving needed structural changes in China that affect trade between the United States and China,” Monday’s statement said.

“The two sides will also discuss China’s pledge to purchase a substantial amount of goods and services from the United States.”

Beijing and Washington have imposed duties on more than $360 billion in two-way trade, which are weighing on their manufacturing sectors and have shaken global financial markets.

AFP


Source:https://samueljackson12.blogspot.com/2019/02/us-to-resume-trade-talks-with-china-in.html

Comments

Post a Comment

Popular posts from this blog

Prostitution; Nigerian Women At Growing Risk From Human Traffickers In Germany.

By
Image
According to InfoMigrants, Nigerian women are at growing risk from traffickers in Germany who exploit and engage them in prostitution. Read the full report below by InfoMigrants. The new prostitute protection law in Germany was meant to identify victims of human trafficking – most of them migrant women. More than 18 months after the law came into effect, thousands continue to be targeted for exploitation, and the risk for Nigerian women seems to be increasing. There are campervans parked by the roadside. Some have hearts painted on them, one says “girls, girls” in red letters. It’s an easy matter for someone to stop for a quick transaction in one of these Love-Mobiles – sex with one of the “girls” in exchange for the going rate. Prostitution is mainly legal in Germany, as are these mobile brothels. But many of the women in the business – including those working from the Love-Mobiles – are victims of illegal human trafficking. Most of the women are from Eastern Europe or Nige...
Read more

FULL TEXT: A sacrifice for our new political order – Ezekwesili

By
Image
“When the ACPN leadership approached me in a series of visits to appeal that I run for office on their platform, the party appeared to be a good fit. It was founded by some disgruntled PDP members some years ago, but when its prime founder decided to return to the PDP, a core of its membership refused to move back with him. I was told that they stayed back because of their opposition to the ways of the PDP. Considering my vocal disapproval of the PDP and the APC, I admired the ACPN’s decision to stand firm and refusal to be co-opted.” It has been an interesting one week since I made the tough but necessary decision to suspend my campaign for the presidency. I have been truly overwhelmed by the reactions to my announcement from Nigerians. Even in airports outside the country as I travelled last week, Nigerians walked up to me with questions, concerns, encouragement, and motivation. I also saw disappointment by some who had poured their hearts and hopes into actualising our mission ...
Read more

Update On Slay Queen Who Was Stripped Naked And Tortured Over Missing Phone.

By
Image
The League of Patriotic Lawyers has given Edo State Commissioner of Police, Mr. Olusegun Odumosu, 24 hours to unravel those behind the torture and insertion of pepper into a girl’s private part in Benin City over alleged stealing of a mobile phone.  Chairman of the platform and former Student Union President of the University of Benin, Mr. Abubakar Yesufu, who said this in a statement yesterday, also urged the state Director, Department of State Services, DSS, to be involved in the investigation. A video of the incident, seen by Vanguard yesterday, showed the girl being stripped naked by a group of people, who inserted pepper into her private parts for allegedly stealing a phone. The unidentified girl was heard crying and saying she didn’t steal any phone, while she was being humiliated by the crowd. Yesufu said: “The League of Patriotic Lawyers has given the Edo State Commissioner of Police 24 hours to arrest and commence prosecution of all the street urchins behind thi...
Read more