China, US Agree to Hold Trade Talks to Evaluate Progress of Phase 1 Deal: Chinese Commerce Ministry
4 years, 4 months ago

China, US Agree to Hold Trade Talks to Evaluate Progress of Phase 1 Deal: Chinese Commerce Ministry

News 18  

China and the United States have agreed to hold trade talks “in the coming days” to evaluate the progress of their Phase 1 trade deal six months after it took effect in February, the Chinese commerce ministry said on Thursday. They followed Tuesday’s remarks by White House Chief of Staff Mark Meadows that no new high-level trade talks were scheduled, though both sides were in touch about implementing the Phase 1 deal. The deal, reached on Jan. 15, and seen as a major breakthrough after a two-year long trade dispute between the world’s two largest economies, set ambitious targets for China to sharply boost purchases of U.S. farm and manufactured goods. Official data also suggests China’s imports of U.S. farm and manufactured goods, energy and services are well behind the pace needed to meet a first-year target increase of $77 billion over 2017 purchases.

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History of this topic

Ditching the lecturing in favor of listening may open the way to less strained relations: China Daily editorial
9 months ago

Ditching the lecturing in favor of listening may open the way to less strained relations: China Daily editorial

China Daily  

While it is undoubtedly an encouraging sign of serious shared interest in stabilizing their relations, as well as the pragmatism present in both sides' approaches to the rocky China-United States relationship, US Treasury Secretary Janet Yellen's ongoing visit may also indicate bilateral ties are on the threshold of a challenging new stage. Before she embarked on the trip, on her …

Change-or-ruin mindset main obstacle to economic talks making any real progress: China Daily editorial
11 months ago

Change-or-ruin mindset main obstacle to economic talks making any real progress: China Daily editorial

China Daily  

Although the exchanges between the two sides at the Third China-US Economic Working Group Meeting that concluded on Tuesday in Beijing were described as "in-depth, candid, pragmatic and constructive", it is almost impossible that any breakthroughs will be forthcoming on any major issues it covered. The other important realization the US side has come to regarding China, which determines the …

China warns U.S. against 'disastrous' trade curbs
1 year, 4 months ago

China warns U.S. against 'disastrous' trade curbs

The Hindu  

China's premier warned U.S. officials Tuesday that moves to "politicise" trade issues would prove "disastrous" for the global economy, state media reported. In a readout of the meeting, the U.S. Department of Commerce said Ms. Raimondo had "underscored the U.S. commitment to taking actions necessary to U.S. national security," as well as "ensuring fair and transparent treatment of U.S. companies, …

After Biden-Xi summit, what next for US-China trade war?
3 years, 1 month ago

After Biden-Xi summit, what next for US-China trade war?

Al Jazeera  

Reductions in tariffs possible down the line, but no return to pre-Trump status quo, analysts say. The virtual meeting between United States President Joe Biden and China’s leader Xi Jinping helped ease the growing tension between the two countries but did not make headway in resolving lingering US-China trade war disputes. Biden spoke briefly about China’s “unfair trade and economic …

U.S., China trade barbs ahead of summit
3 years, 1 month ago

U.S., China trade barbs ahead of summit

The Hindu  

The lead-up to Tuesday morning’s virtual summit between United States President Joe Biden and Chinese President Xi Jinping has seen the two countries exchange sharp remarks on Taiwan, one of many thorny issues on which both sides are unlikely to make much headway. In a telephone call between top U.S. and Chinese diplomats, both sides expressed concerns over the other’s …

China trade envoy, US Treasury secretary meet by video
3 years, 7 months ago

China trade envoy, US Treasury secretary meet by video

Associated Press  

BEIJING — China’s chief economic envoy and Treasury Secretary Janet Yellen held their first meeting by video Wednesday, but the two sides gave no indication when negotiations on ending their tariff war might resume. Vice Premier Liu He and Yellen discussed the economic situation, bilateral cooperation and other “issues of mutual concern,” the Commerce Ministry said. Yellen’s department said she …

US-China trade: Biden representative holds ‘candid’ talks with Beijing as tensions grow
3 years, 7 months ago

US-China trade: Biden representative holds ‘candid’ talks with Beijing as tensions grow

CNN  

Hong Kong CNN Business — President Joe Biden’s top trade negotiator spoke for the first time with her Chinese counterpart by phone on Wednesday. US Trade Representative Katherine Tai had a “candid” virtual meeting with Chinese Vice Premier Liu He to discuss “the importance of the trade relationship” between the two nations, according to Tai’s office. The phone call didn’t …

‘Grandstanding’: US, China trade rebukes in testy talks
3 years, 9 months ago

‘Grandstanding’: US, China trade rebukes in testy talks

Al Jazeera  

Depth of divide between two global giants publicly exposed as talks get under way in snowy Anchorage. The United States and China traded sharp rebukes of each others’ policies on Thursday in the first high-level, in-person talks since President Joe Biden took office, with the deep strain in the relations between the two global rivals on rare public display during …

US-China talks could end up inflaming trade tensions
3 years, 9 months ago

US-China talks could end up inflaming trade tensions

CNN  

Hong Kong CNN Business — Senior officials from the United States and China are meeting in person on Thursday for the first time since US President Joe Biden took office. “Downplaying hopes for the meeting reflects domestic politics — on the US side, Biden wants to avoid appearing to be too soft with Beijing — but also the broader state …

US, China reaffirm commitment to Phase 1 trade deal in phone call
4 years, 4 months ago

US, China reaffirm commitment to Phase 1 trade deal in phone call

Live Mint  

Top US and Chinese trade officials have reaffirmed their commitment to a Phase 1 trade deal, which has seen China lagging on its obligations to buy American goods, giving a boost to financial markets on Tuesday. The pledge was made in a telephone call between US Trade Representative Robert Lighthizer, US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu …

Top US, Chinese officials optimistic on Phase 1 trade deal after phone call
4 years, 4 months ago

Top US, Chinese officials optimistic on Phase 1 trade deal after phone call

Hindustan Times  

Top US and Chinese officials, who spoke by phone on Monday, see progress on resolving issues over the Phase 1 trade deal reached in January and both sides are committed to the success of the agreement, the US Trade Representative’s Office said. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He in …

The US and China say they’re making progress on trade, even as other tensions worsen
4 years, 4 months ago

The US and China say they’re making progress on trade, even as other tensions worsen

CNN  

Beijing/Hong Kong CNN Business — The United States and China say they’re optimistic about the state of their trade agreement — even as the two superpowers fight over a slew of other issues, including technology and national security. China’s Ministry of Commerce called the talks“a constructive dialogue” in its own statement, adding that the countries agreed “to create conditions and …

US, China to Discuss 'Phase-1' Trade Deal amid Covid-19 Disruption
4 years, 4 months ago

US, China to Discuss 'Phase-1' Trade Deal amid Covid-19 Disruption

News 18  

Negotiators from the United States and China will on Saturday discuss the "phase one" trade deal signed earlier this year -- before the coronavirus slammed the world economy and relations between the two economic powers took a turn for the worse. US Trade Representative Robert Lighthizer in June said China would follow through on its commitments while Washington eyes a …

Trump administration ‘satisfied’ with China purchases: Adviser
4 years, 4 months ago

Trump administration ‘satisfied’ with China purchases: Adviser

Al Jazeera  

China has increased purchases of commodities as part of its phase one trade deal, Trump adviser says ahead of review. White House economic adviser Larry Kudlow says the administration of United States President Donald Trump is satisfied with China’s progress in meeting commitments to purchase US goods in a phase one trade deal, signalling that the pact will survive an …

Trump says he is not thinking about a 'Phase 2' U.S.-China trade deal
4 years, 5 months ago

Trump says he is not thinking about a 'Phase 2' U.S.-China trade deal

The Hindu  

U.S. President Donald Trump has for the time being ruled out a second phase trade deal with China, saying the relationship between the two countries has been severely damaged with Beijing’s handling of the coronavirus outbreak. I don’t think about it now,” Trump told reporters on Friday from Air Force One when asked about the trade deal. Earlier in the …

China halts some US farm imports, threatening trade deal
4 years, 7 months ago

China halts some US farm imports, threatening trade deal

Live Mint  

Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods including soybeans as Beijing evaluates the ongoing escalation of tensions with the US over Hong Kong, according to people familiar with the situation. Trump’s threats Trump said the US would begin the process of stripping some of Hong Kong’s privileged trade status, without detailing …

China, US should work together to implement trade deal, says Beijing after Donald Trump threatens to terminate agreement signed in January
4 years, 7 months ago

China, US should work together to implement trade deal, says Beijing after Donald Trump threatens to terminate agreement signed in January

Firstpost  

Beijing on Tuesday said that China and the United States should work together to implement their Phase One trade deal, following the principle of equality and mutual respect, a Chinese Foreign Ministry spokesperson said on Tuesday. The two sides should work together to implement the agreement following the principle of equality and mutual respect,” Chinese foreign ministry spokesperson Zhao Lijian …

Will know in a week or so if China will adhere to trade deal, says Donald Trump; US weighing options to shift supply chains from Beijing
4 years, 8 months ago

Will know in a week or so if China will adhere to trade deal, says Donald Trump; US weighing options to shift supply chains from Beijing

Firstpost  

US President Donald Trump said on Wednesday he would be able to report in about a week or two whether China is fulfilling its obligations under a Phase 1 trade deal the two countries signed in January before the coronavirus spread globally. Washington: US President Donald Trump said on Wednesday he would be able to report in about a week …

Concerns linger after US signs initial trade deal with China; analysts question Beijing’s ability to divert imports from other partners to Washington
4 years, 11 months ago

Concerns linger after US signs initial trade deal with China; analysts question Beijing’s ability to divert imports from other partners to Washington

Firstpost  

China will boost purchases of US goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global growth Beijing/Washington: China will boost purchases of US goods and services by $200 billion over two …

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products
4 years, 11 months ago

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products

CNN  

Hong Kong CNN Business — China has agreed to buy hundreds of billions of dollars worth of products from the United States as part of their “phase one” trade deal. The agreement signed Wednesday will have Beijing purchase an additional $200 billion of US goods and services over the next two years. “We think it is highly challenging for China …

U.S., China tiptoe around holes in new trade agreement
4 years, 11 months ago

U.S., China tiptoe around holes in new trade agreement

The Hindu  

The United States and China signed an initial trade deal on January 15 that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved. Mr. Liu said Chinese companies would buy $40 billion in U.S. agricultural products annually over the …

New U.S.-China trade deal leaves the thorniest problems unresolved
4 years, 11 months ago

New U.S.-China trade deal leaves the thorniest problems unresolved

LA Times  

After nearly two years of a bruising trade war, President Trump signed an initial trade deal with China on Wednesday that provides the president with political bragging rights but allows both sides to put off the most difficult disputes until after the November election. Speaking in the East Room beside senior Chinese officials, Trump hailed the long-sought agreement as a …

U.S. and China agree to partial trade deal, but few details are released
5 years ago

U.S. and China agree to partial trade deal, but few details are released

LA Times  

The United States and China reached a preliminary trade agreement that includes the rollback of some tariffs on Chinese imports and a commitment by Beijing to make a substantial increase in purchases of American farm goods and other products and services. The U.S. Trade Representative, in a fact sheet released Friday evening, said China had committed “to import various U.S. …

US, China move closer to trade deal despite heated rhetoric
5 years, 1 month ago

US, China move closer to trade deal despite heated rhetoric

Live Mint  

The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said. Recent U.S. legislation seeking to sanction Chinese officials over human-rights issues in Hong Kong and Xinjiang are unlikely to impact the talks, one …

US-China trade deal in its ‘final throes’, says Trump
5 years, 1 month ago

US-China trade deal in its ‘final throes’, says Trump

Al Jazeera  

Top US trade negotiators have been invited to Beijing for in-person talks, say US officials, as China’s economy slows. Trump said Washington was in the “final throes” of work on a deal that would defuse a 16-month trade war with Beijing, which has contributed to a slump in China’s industrial profits. In-person talks Trump’s remarks followed a telephone call on …

US, Beijing reach ‘common understanding’ on trade, China says
5 years, 1 month ago

US, Beijing reach ‘common understanding’ on trade, China says

Al Jazeera  

Top negotiators from both countries agree to maintain communications on the ‘phase-one’ deal, China says. Top trade negotiators from China and the United States held a phone call on Tuesday morning, China’s Commerce Ministry said, adding that they reached a “common understanding” as the two sides try to hammer out a preliminary deal in a trade war that has dragged …

China just signaled that it could reform its IP laws. That’s good for trade talks
5 years, 1 month ago

China just signaled that it could reform its IP laws. That’s good for trade talks

CNN  

Hong Kong CNN Business — China has unveiled new guidelines about the protection of intellectual property, a move that could mark a big step toward appeasing the United States, and may even help pave the way for a long-awaited trade truce. Even so, Chinese officials have tried to mollify some of the US government’s concerns about IP in the past …

‘Phase two’ trade deal unlikely, say US, Chinese officials
5 years, 1 month ago

‘Phase two’ trade deal unlikely, say US, Chinese officials

Al Jazeera  

‘It’s Trump who wants to sign these deals, not us. In October, US President Donald Trump said during a news conference with Chinese vice premier Liu He that he expected to quickly dive into a second phase of talks once “phase one” had been completed. “As soon as we finish phase one we’re going to start negotiating phase two,” a …

China-US trade deal nearly sealed, but tariff rollback uncertain
5 years, 1 month ago

China-US trade deal nearly sealed, but tariff rollback uncertain

Al Jazeera  

Beijing and Washington ‘moving closer’ to phase-one agreement despite ambiguity on timing, reports the Global Times. China and the United States are “moving closer to agreeing” on a phase-one trade deal, the Global Times tabloid run by the ruling Communist Party’s official People’s Daily newspaper group, reported on Sunday. “The two sides have basically reached broad consensus for the phase …

'Phase One' of US-China Trade Deal May Not be Inked This Year Amid Conflicting Demands
5 years, 1 month ago

'Phase One' of US-China Trade Deal May Not be Inked This Year Amid Conflicting Demands

News 18  

Washington: Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks, and the Trump administration counters with heightened demands of its own. An initial trade deal could take as long as five weeks to sign, U.S. President Donald Trump …

Constructive approach key to Sino-US deal: China Daily editorial
5 years, 1 month ago

Constructive approach key to Sino-US deal: China Daily editorial

China Daily  

Vice Premier Liu He, at their invitation, talked with US trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Saturday to iron out the details of what the two sides have agreed so far. According to a statement released by the Chinese side, Saturday's conversation was "constructive", and the two sides have agreed to maintain close communication. Therefore, the …

Donald Trump says he has not agreed to rollbacks of tariffs on Chinese goods in 'phase one' deal amid 16-month trade war
5 years, 2 months ago

Donald Trump says he has not agreed to rollbacks of tariffs on Chinese goods in 'phase one' deal amid 16-month trade war

Firstpost  

President Donald Trump on Friday said he has not agreed to rollbacks of US tariffs sought by China, sparking fresh doubts about when the world’s two largest economies may end a 16-month trade war that has slowed global growth Washington: President Donald Trump on Friday said he has not agreed to rollbacks of US tariffs sought by China, sparking fresh …

US-China trade deal talks progress after almost 16-months-long standoff; officials claim agreement could be signed this month
5 years, 2 months ago

US-China trade deal talks progress after almost 16-months-long standoff; officials claim agreement could be signed this month

Firstpost  

The United States and China on Friday said they made progress in talks aimed at defusing a nearly 16-month-long trade war that has harmed the global economy, and US officials said a deal could be signed this month Washington: The United States and China on Friday said they made progress in talks aimed at defusing a nearly 16-month-long trade war …

US ’close to finalizing’ parts of trade deal with China: USTR
5 years, 2 months ago

US ’close to finalizing’ parts of trade deal with China: USTR

Live Mint  

Washington and Beijing are making "headway" on key issues in their ongoing trade dispute and discussions will continue, the US Trade Representative's office said Friday following a phone call between senior officials. President Donald Trump heralded a major win in his offensive against China two weeks ago, saying the economic powers were close to concluding a "substantial phase one deal." …

US-China trade negotiators reach preliminary agreement
5 years, 2 months ago

US-China trade negotiators reach preliminary agreement

CNN  

Washington CNN — US and Chinese negotiators reached a preliminary agreement Friday that will ease trade tensions, but it falls short of a comprehensive deal. “We’ve come to a very substantial phase one deal,” President Donald Trump announced in the Oval Office alongside Chinese Vice Premier Liu He Friday afternoon. “I hope the two sides will act in the principle …

Major US-China trade deal remains uncertain as talks resume
5 years, 3 months ago

Major US-China trade deal remains uncertain as talks resume

CNN  

CNN — Prospects of a sweeping trade deal between the United States and China appear to be dimming as negotiators prepare to resume two days of talks on Thursday. American negotiators led by Ambassador Robert Lighthizer, the US trade representative, and Treasury Secretary Steven Mnuchin are entering this week’s trade talks with low expectations for major progress on reaching a …

China narrows scope for trade deal with US ahead of talks
5 years, 3 months ago

China narrows scope for trade deal with US ahead of talks

Live Mint  

Chinese officials are signaling they’re increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump, ahead of negotiations this week that have raised hopes of a potential truce. People close to the Trump administration say the impeachment inquiry isn’t affecting trade talks with China. Fundamental Conflict Hopes have always been limited that China would agree to …

US, Chinese trade deputy talks to start on Thursday
5 years, 3 months ago

US, Chinese trade deputy talks to start on Thursday

Live Mint  

Washington: Deputy-level US-China trade talks are scheduled to start in Washington on Thursday, the US Trade Representative's office said on Monday, paving the way for high-level talks in October aimed at resolving a bitter, 14-month trade war. Earlier, US Chamber of Commerce Chief Executive Tom Donohue said US Trade Representative Robert Lighthizer told business executives he was seeking a "real …

US, China to resume trade talks next month but a credible deal may be elusive
5 years, 4 months ago

US, China to resume trade talks next month but a credible deal may be elusive

Live Mint  

The US and China will resume their trade talks next month in Washington amid the growing global economic slowdown. US trade representative Robert Lighthizer and treasury secretary Steven Mnuchin on Thursday spoke to Chinese vice premier Liu He to resume face-to-face talks, according to a statement issued by the Chinese commerce ministry. “Chinese analysts do not hold an optimistic view …

US China trade talks: The two countries will meet in Washington as trade war rages on
5 years, 4 months ago

US China trade talks: The two countries will meet in Washington as trade war rages on

CNN  

Hong Kong CNN Business — The United States and China have agreed to return to the negotiating table in Washington to discuss trade. Chinese authorities added that China Vice Premier and chief trade negotiator Liu He has spoken with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin over the phone about the talks. A spokesperson for Lighthizer’s department …

Beijing wants 'calm' negotiations to end the US trade war as markets tank
5 years, 4 months ago

Beijing wants 'calm' negotiations to end the US trade war as markets tank

Daily Mail  

China said it is willing to resolve its trade dispute with the United States through 'calm' negotiations and resolutely opposes the escalation of the conflict, Vice Premier Liu He said Monday. Vice Premier Liu He said Monday that China is willing to resolve its trade dispute with the United States through 'calm' negotiations and opposes escalating the conflict Liu shakes …

Trade war: US and China agreed trade talks were ‘constructive’ but little else
5 years, 5 months ago

Trade war: US and China agreed trade talks were ‘constructive’ but little else

CNN  

Hong Kong CNN Business — US and Chinese trade negotiators have wrapped up two days of talks in Shanghai.And while both sides agreed that the latest discussions were “constructive,” there’s still no indication that the trade war will come to an end any time soon. China’s Ministry of Commerce called the talks “honest, efficient and constructive,” and added that the …

No U.S.-China Trade Deal Yet; Talks To Resume In September
5 years, 5 months ago

No U.S.-China Trade Deal Yet; Talks To Resume In September

NPR  

No U.S.-China Trade Deal Yet; Talks To Resume In September Enlarge this image toggle caption Ng Han Guan/AFP/Getty Images Ng Han Guan/AFP/Getty Images No deal yet. The brief trade talks in Shanghai this week between top U.S. and Chinese officials were "constructive," the White House said Wednesday, adding that negotiations are expected to pick up again in Washington, D.C., in …

The US and China are talking again. But they’re still trading accusations
5 years, 5 months ago

The US and China are talking again. But they’re still trading accusations

CNN  

Hong Kong CNN Business — US and Chinese trade negotiators are soon expected to meet face-to-face for the first time since their leaders declared a temporary truce in late June. “That’s keeping the two sides more distant than last time around.” The role Huawei plays in any trade deal is a big question.The world’s largest telecommunications equipment maker and leading …

China trade talks ‘back on track’ after Trump-Xi meeting
5 years, 6 months ago

China trade talks ‘back on track’ after Trump-Xi meeting

CNN  

Osaka, Japan CNN — US President Donald Trump says trade talks with China have been successfully revived and new tariffs are on hold after his highly anticipated meeting with Chinese President Xi Jinping. Trump said the US would be working “where we left off” in trade talks with China. No commitments ahead of talks Video Ad Feedback Trump official: Farmers …

China, US to resume trade negotiations
5 years, 6 months ago

China, US to resume trade negotiations

India TV News  

Top officials from the US and China will resume negotiations to resolve the ongoing trade war between the two world powers, Chinese Commerce Ministry said on Thursday. Ministry's spokesman Gao Feng told reporters that the heads of the two economic and trade teams would hold trade talks according to instructions passed down from the Presidents of the two countries. Without …

US, China rekindle trade talks ahead of G20 summit; Donald Trump eyes 'extended meeting' with Chinese counterpart in Osaka
5 years, 6 months ago

US, China rekindle trade talks ahead of G20 summit; Donald Trump eyes 'extended meeting' with Chinese counterpart in Osaka

Firstpost  

China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping. WASHINGTON - China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets on hopes that an escalating trade war between the two countries …

Tit-for-tat: China ready to respond if US escalates trade war
5 years, 6 months ago

Tit-for-tat: China ready to respond if US escalates trade war

Al Jazeera  

China’s foreign ministry says Beijing will ‘resolutely respond and fight to the end’ if US ramps up trade war. China will respond firmly if the United States insists on escalating trade tensions, a Chinese foreign ministry spokesman said on Tuesday. The statement followed in the wake of comments made Monday by US President Donald Trump that he would slap tariffs …

Trade talks with US must be based on 'mutual respect', says China
5 years, 7 months ago

Trade talks with US must be based on 'mutual respect', says China

India TV News  

China has always maintained the position that any trade consultation with the US should be based on the principles of mutual respect, equality and mutual benefit, Chinese Foreign Ministry spokesperson Lu Kang said. Kang made the remarks at a press briefing on Monday in response to US President Donald Trump's recent remarks, Xinhua reported. Trump, who is visiting Japan, said …

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