Kashmir Indepth
Uncategorized

US to host Chinese trade delegation starting April 3

West Palm Beach (US), Mar 23 (AP) The US will host a delegation from China led by Vice Premier Liu He early next month, following a trip by US officials to China in an effort to improve trade relations, the White House said Saturday.

White House press secretary Sarah Sanders said President Donald Trump is sending US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin to Beijing starting next week, joined by deputy US Trade Representative Jeffrey Gerrish and other senior Trump administration officials.

Vice Premier Liu He and other Chinese officials meet with officials in Washington starting April 3, Sanders said.

The trade dispute began last year after the US made several complaints, including that China was stealing US trade secrets and was forcing companies to give them technology to access its market.

Trump imposed tariffs on USD 250 billion of Chinese imports, about half what the United States buys from that country.

China retaliated with tariffs on about USD 110 billion of US items.

China’s commerce ministry had previously said Lighthizer and Mnuchin would be in China on Thursday and Friday for the eighth round of trade negotiations.

The scheduled talks suggest the two sides believe they can make at least some progress.

Trump said Thursday at the White House that, “Talks with China are going very well.”

Administration officials say they speak with their Chinese counterparts on a nearly daily basis.

Business lobbyists say that a key sticking point is what type of enforcement mechanism will be included in the agreement.

The Trump administration, they say, wants to have the option to impose tariffs on Chinese goods if China doesn’t abide by the terms of the pact.

The US also wants China to promise not to retaliate against those tariffs.

Still, business groups say the talks are making progress.

Related posts

Personally intervene & restructure some COVID-19 fighting measures: JKSCD to LG Murmu

Zainab Hamdani

Legal Metrology Department Penalizes importer of Computer Accessories Company

Kashmir Indepth

CJ approves scheme for Internship and e-Internship in the J&K High Court

Kashmir Indepth

Kashmir hospitals ill-equipped to deal with pandemic: SKIMS has 700 PPEs, other hospitals also short of protection gears

Kashmir Indepth

Non performing docs aghast with me, says Principal SKIMS Bemina College

Kashmir Indepth

Rupee snaps 2-day losing streak; firms up 23 paise to 71.57/USD

Kashmir Indepth

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy