Categories: World News

US-China Trade Talks To Resume Thursday

US President Donald Trump in St. Louis, Missouri on October 9, 2016 and China’s leader Xi Jinping in Beijing on December 5, 2012. Ed Jones, Paul J. RICHARDS / AFP

 

High-level US-China trade negotiations will resume this week in Washington, the White House announced Monday, a hopeful sign after a summer of deteriorating relations.

Beijing’s top trade envoy Liu He will meet with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin beginning on Thursday, the White House said in a statement.

Lower-level talks have been underway since last month.

The talks will focus on key areas where the Americans have made far reaching demands since last year: intellectual property rights, the forced transfer of proprietary technologies, agriculture and enforcement, the statement said.

US President Donald Trump said Friday there was a “very good chance” the two sides will strike a deal.

“We have had good moments with China and bad moments with China,” he said. “What we’re doing is we’re negotiating a very tough deal. If the deal is not going to be 100 percent for us we aren’t going to make it.”

Washington and Beijing are due to continue raising tariffs on each other’s exports through the end of the year, however.

Trump in recent months has claimed that China’s weakening economy puts Beijing under pressure to make a deal. But he also said Chinese officials are dragging their feet in hopes of continuing negotiations with another administration should Trump fail to win reelection in 2020.

China also has been dragged into the impeachment inquiry by congressional Democrats, after Trump last week openly called on Beijing to investigate Democratic rival Joe Biden and his son, whom Trump accused of unspecified financial improprieties in China and Ukraine.

Ignatius Igwe

An energetic journalist with an amazing sense of responsibility.

Disqus Comments Loading...

Recent Posts

Electricity Tariff Hike Will Compound Nigeria’s Economic Hardship, Says Atiku 

The Nigerian Electricity Regulatory Council (NERC) jacked up the tariff for Band A consumers -…

4 hours ago

Oborevwori Receives Board Of Enquiry Probing Murder Of Military Personnel

He received the chairman and members of the board set up by the Defence Headquarters…

6 hours ago

Nnamdi Kanu Asks Court To Reinstate His Bail Revoked In 2017

In a motion, the IPOB leader asked the court to set aside his bail revocation.…

6 hours ago

Tinubu Appoints Management Team For Nigerian Education Loan Fund

President Bola Tinubu has approved the appointment of the management team of the Nigerian Education…

6 hours ago

Olympic Qualifiers: Nigeria’s Super Falcons Edge South Africa

Rasheedat Ajibade converted a 43rd-minute penalty to hand the Nigerians victory in Abuja on Friday. 

8 hours ago

Guardiola Still Deciding Over Haaland, De Bruyne Returns For Man City

The pair were unused substitutes in midweek as the defending champions brushed Aston Villa aside…

8 hours ago