UPDATE: Statement Released Following U.S. Trade Talks With China

February 15, 2019 07:42 AM
 
A statement from the White House was released following two days of talks in Beijing between U.S. and Chinese officials:

A statement from the White House was released following two days of talks in Beijing between U.S. and Chinese officials:

"This week, at the direction of President Donald J. Trump, officials from the United States traveled to Beijing to continue negotiations on the trade relationship between the United States and China.  On the United States side, the talks were led by Ambassador Robert E. Lighthizer, the United States Trade Representative, and the Honorable Steven T. Mnuchin, the Secretary of the Treasury.  On the Chinese side, the talks were led by Vice Premier Liu He.  On Friday, both delegations had the opportunity to meet with President Xi Jinping regarding their discussions.  The talks also featured extensive technical exchanges between the professional staffs of both countries. 

These detailed and intensive discussions led to progress between the two parties.  Much work remains, however.  Both sides will continue working on all outstanding issues in advance of the March 1, 2019, deadline for an increase in the 10 percent tariff on certain imported Chinese goods.  The United States and Chinese officials have agreed that any commitments will be stated in a Memoranda of Understanding between the two countries.    

During the talks, the United States delegation focused on structural issues, including forced technology transfer, intellectual property rights, cyber theft, agriculture, services, non-tariff barriers, and currency.  The two sides also discussed China’s purchases of United States goods and services intended to reduce the United States’ large and persistent bilateral trade deficit with China. 

Next week, discussions will continue in Washington at the ministerial and vice-ministerial levels.  The United States looks forward to these further talks and hopes to see additional progress."

Bloomberg reports the President is considering pushing back the March 1st deadline by 60 days.

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Comments

 
Spell Check

Mclm
Sd, SD
2/16/2019 02:09 PM
 

  It's too late CK for you to act like a normal Dem, we have already seen your true self ritious colors in your previous posts, you are a Polosi, Shummer Dem thru and thru, and you can't keep Trumps name out of your mouth, I don't care that you sound like you are coming around to the right side, don't want your crazy dem a%#. Quit faking , you know you are an Obama baby, and love Omar and AOC, not fooling me fella!! Just like AOC, you have a crap opinion on absolutely everything ??

 
 
ck
bad axe, MI
2/16/2019 07:30 AM
 

  Trump will extend this 60 days. There's really no decent contracting opportunities out there wright now as this saga continues . Trump said he would take care of the farmer and he kept his word so far to ag. Just remember he is protecting the soybean farmer the best , China wants our beans, so plant accordingly this spring.

 
 
PJ Jahn
Ptown, IL
2/16/2019 05:05 PM
 

  ck, you say the Phony, Counterfeit, Reneging, Lying Conman, Traitor/Trader Trump "kept his word as to ag"? You're in the Twilight Zone for sure! Did you forget he said many, many times he fully supports ethanol, and he would defend the RFS? How many other lies of his do you ignore? You realize you have to lie to yourself in order to do so? Good luck with that, eh? Trump is no more that a useful IDIOT in Putin's pocket! A spineless coward!

 
 

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