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 of the upcoming talks, considering the US’ previous flip-flopping attitude and lack of sincerity in reaching a deal,” China’s Global Times said. According to Senator Chuck Grassley, who chairs the US Senate finance committee, Lighthizer “didn’t want to schedule a meeting with senior Chinese officials unless there were signs of significant progress”, The Wall Street Journal reported on Thursday.

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History of this topic

China Open to 'Dialogue' with US After Trump Tariff Threats
1 month, 2 weeks ago

China Open to 'Dialogue' with US After Trump Tariff Threats

Deccan Chronicle  

Chinese Foreign Ministry spokesperson, Wang Wenbin, said that China was open to "constructive dialogue" with the U.S., emphasizing the importance of cooperation to ensure global economic stability. Trump’s comments have reignited fears of a new trade war between the two nations, following the trade disputes and tariffs that defined much of his administration's policies. The Chinese government has also expressed …

Congressional panel urges toughing the US-China trade relationship
1 month, 3 weeks ago

Congressional panel urges toughing the US-China trade relationship

Associated Press  

WASHINGTON — A congressional panel has recommended that the U.S. toughen its trade relationship with Beijing, pushing to roll back a nearly 25-year-old decision that helped bring about China’s rapid economic growth but that many in Washington now see as hurting U.S. interests. In its annual report to Congress released Tuesday, the U.S.-China Economic and Security Review Commission called for …

Market to drive China-US economic, trade ties forward
2 months ago

Market to drive China-US economic, trade ties forward

China Daily  

Regardless of the stance taken by the new US administration, market forces will ensure that China-US economic and trade cooperation continues to forge ahead, said Zhou Mi, senior researcher at the Chinese Academy of International Trade and Economic Cooperation, which is affiliated with the Ministry of Commerce. And that definitely means more cooperation because they do see the possibilities of …

The Seismic Shift in the US Trade Agenda
6 months, 2 weeks ago

The Seismic Shift in the US Trade Agenda

The Diplomat  

The U.S. economic war against China has become entrenched still further as the Biden administration adds more tariffs to critical goods crossing its borders. While the White House has focused on highlighting China’s unfair trade practices of state subsidies and exporting overcapacity, the tariffs are ultimately designed to protect the nascent critical industries within the United States. While the White …

US, China to resume military-to-military talks in ‘coming months’: Austin
7 months, 1 week ago

US, China to resume military-to-military talks in ‘coming months’: Austin

Al Jazeera  

US and China defence chiefs meet for talks in Singapore amid growing tensions between Washington and Beijing. The United States and China will resume military-to-military communications “in the coming months”, US Defense Secretary Lloyd Austin has announced, a move that could ease growing tensions between the two countries. Beijing later hailed the “stabilising” security ties between China and the US, …

America’s tough talk on trade balance
8 months, 4 weeks ago

America’s tough talk on trade balance

Hindustan Times  

There are no standout outcomes of United States treasury secretary Janet Yellen’s just-concluded visit to China, but it remains a crucial piece in the broader engagement between the two countries. In fact, a Biden-Xi call days before Yellen landed in Beijing was seen as a prologue of sorts to the visit, with the leaders appreciating the progress made on a …

US will push China to change a policy threatening American jobs, Treasury Secretary Yellen says
9 months ago

US will push China to change a policy threatening American jobs, Treasury Secretary Yellen says

Associated Press  

BEIJING — The Biden administration will push China to change an industrial policy that poses a threat to U.S. jobs, Treasury Secretary Janet Yellen said Monday after wrapping up four days of talks with Chinese officials. “And when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question.” …

New US-China talks will address a top American complaint about Beijing’s economic model, Yellen says
9 months ago

New US-China talks will address a top American complaint about Beijing’s economic model, Yellen says

Associated Press  

GUANGZHOU, China — U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put American companies and workers at an unfair competitive disadvantage. Yellen, who arrived later in Beijing after starting her five-day visit in one of China’s major industrial and export hubs, said the …

China and US hold economic talks as trade issues heat up on the campaign trail
11 months ago

China and US hold economic talks as trade issues heat up on the campaign trail

Associated Press  

BANGKOK — Chinese and U.S. officials have met in Beijing for talks on tough issues dividing the two largest economies, as trade and tariffs increasingly draw attention in the runup to the U.S. presidential election. China’s Ministry of Finance said Beijing raised objections to higher tariffs on Chinese exports, two-way investment restrictions and other limits on trade and technology during …

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 …

Beijing, Washington in talks to stabilize economic ties
11 months ago

Beijing, Washington in talks to stabilize economic ties

China Daily  

Chinese Vice-Premier He Lifeng meets with visiting undersecretary for international affairs at the US Department of the Treasury Jay Shambaugh in Beijing on Tuesday. The latest meeting in Beijing between high-ranking Chinese and United States officials indicated that the two countries are making continuing joint efforts to stabilize bilateral economic and trade ties through a pragmatic approach and candid communication, …

How Washington is bracing for Trump’s next trade war
11 months ago

How Washington is bracing for Trump’s next trade war

Politico  

The Republican presidential frontrunner is reportedly considering up to a 60 percent tariff on all imports from China and a 10 percent “universal” tariff on all other trading partners if he wins reelection in November. In a sign that even some of his own advisers don’t know what’s in Trump’s head, one former Trump trade official said the reported tariff …

A top Chinese diplomat will visit Washington ahead of a possible meeting between Biden and Xi
1 year, 2 months ago

A top Chinese diplomat will visit Washington ahead of a possible meeting between Biden and Xi

Associated Press  

Washington — China’s top diplomat will come to the United States on Thursday for a three-day visit, the latest move by Washington and Beijing to keep high-level talks open amid tense bilateral relations. Chinese Foreign Minister Wang Yi is scheduled to meet with Secretary of State Antony Blinken and national security adviser Jake Sullivan over a range of issues, including …

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, …

Yellen criticizes Chinese treatment of U.S. companies during visit to revive relations
1 year, 6 months ago

Yellen criticizes Chinese treatment of U.S. companies during visit to revive relations

The Hindu  

U.S. Treasury Secretary Janet Yellen criticized Chinese treatment of U.S. companies and new export controls on metals used in semiconductors during a visit on July 7 to Beijing to try to revive strained relations. “I am communicating the concerns that I’ve heard from the U.S. business community — including China’s use of non-market tools like expanded subsidies for its state-owned …

US Treasury chief Yellen and China’s No. 2 aim for improved communication after trade disputes
1 year, 6 months ago

US Treasury chief Yellen and China’s No. 2 aim for improved communication after trade disputes

Associated Press  

BEIJING — U.S. Treasury Secretary Janet Yellen and Chinese Premier Li Qiang expressed hopes Friday for better communication as Yellen appealed to Beijing not to let frustration over U.S. curbs on technology exports disrupt economic cooperation. “China’s development is an opportunity rather than a challenge to the United States and a benefit rather than a risk,” Li said, according to …

US Treasury Secretary Janet Yellen visits China as part of efforts to soothe strained relations
1 year, 6 months ago

US Treasury Secretary Janet Yellen visits China as part of efforts to soothe strained relations

Associated Press  

BEIJING — Treasury Secretary Janet Yellen plans to tell Chinese officials that Washington wants healthy economic competition but will defend trade curbs imposed by the U.S. on security grounds and express concern about Beijing’s export controls on metals used in semiconductors and solar panels, a senior Treasury official said Thursday. Washington doesn’t support decoupling, or disconnecting U.S. and Chinese industries …

US and China are talking at a high level again, but their rivalry remains unchecked
1 year, 6 months ago

US and China are talking at a high level again, but their rivalry remains unchecked

Associated Press  

BEIJING — The United States and China may be back to talking at a high level, but their battle for global power and influence remains unchecked and mutual suspicion still runs deep. Similarly, the United States should also respect China and not harm its legitimate rights and interests.” Danny Russel, the top U.S. diplomat for Asia during the Obama administration …

US and Chinese officials hold ‘candid’ talks in Beijing
1 year, 7 months ago

US and Chinese officials hold ‘candid’ talks in Beijing

Al Jazeera  

Mid-level talks in Beijing mark continuing diplomacy despite rising tensions and competition between US and China. Washington, DC – Officials from the United States had “candid and productive discussions” with Chinese diplomats in Beijing, the US Department of State has said, amid rising tensions between the two countries. The mid-level talks, which mark continuing diplomacy between the two countries despite …

US, China top officials hold ‘candid’ talks in Vienna meeting
1 year, 7 months ago

US, China top officials hold ‘candid’ talks in Vienna meeting

Al Jazeera  

White House adviser Jake Sullivan’s talks with top Chinese diplomat Wang Yi aimed to ‘manage competition’, US says. US National Security Advisor Jake Sullivan and China’s top diplomat, Wang Yi met in Vienna on Wednesday and Thursday with both sides describing the previously unannounced meeting as “candid, substantive and constructive.” The talks were held as both countries try to navigate …

Trade envoy Tai says US not seeking to ‘decouple’ from China
1 year, 8 months ago

Trade envoy Tai says US not seeking to ‘decouple’ from China

Associated Press  

TOKYO — Washington is not seeking to decouple the American economy from China’s, U.S. Trade Representative Katherine Tai said Thursday while on a visit to Tokyo. Tai, who is on her fourth visit to Japan after being appointed the top U.S. trade envoy, said all members of President Joe Biden’s administration have been “very clear that it is not the …

China, U.S. to resume climate talks halted after Pelosi trip
2 years, 1 month ago

China, U.S. to resume climate talks halted after Pelosi trip

The Hindu  

Chinese President Xi Jinping has agreed to resume climate change talks with the United States, President Joe Biden said on November 14, three months after Mr. Xi suspended those contacts in anger over House Speaker Nancy Pelosi's trip to Taiwan. Appearing before cameras ahead of their meeting Monday, Mr. Biden told Mr. Xi the world expects the U.S. and China …

China, US to resume climate talks halted after Pelosi trip
2 years, 1 month ago

China, US to resume climate talks halted after Pelosi trip

Associated Press  

NUSA DUA, Indonesia — Chinese President Xi Jinping has agreed to resume climate change talks with the United States, President Joe Biden said Monday, three months after Xi suspended those contacts in anger over House Speaker Nancy Pelosi’s trip to Taiwan. Both committed Monday to directing their governments’ senior officials to “maintain communication and deepen constructive efforts” on matters including …

US, China talk trade, supply chains as Biden weighs tariff cuts
2 years, 6 months ago

US, China talk trade, supply chains as Biden weighs tariff cuts

Al Jazeera  

United States Treasury Secretary Janet Yellen and Chinese Vice Premier Liu He discussed economic issues including international trade and supply chains, as the Biden administration considers lowering tariffs on Chinese goods to tame soaring inflation. In a virtual meeting with her Chinese counterpart on Tuesday, Yellen “frankly” raised concerns about China’s “unfair, non-market” economic policies and Russia’s war against Ukraine, …

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-US talks: Joe Biden, Xi Jinping likely to meet virtually before year-end
3 years, 3 months ago

China-US talks: Joe Biden, Xi Jinping likely to meet virtually before year-end

Hindustan Times  

Top Chinese and US diplomats have held talks which were constructive and conducive to enhancing mutual understanding in Zurich, paving the way for further talks in the future, the Chinese official media reported on Thursday. US President Joe Biden and his Chinese counterpart Xi Jinping are planning to meet by video link ‘before the end of the year’, a senior …

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 …

What Happened to the China-US Focus on Trade?
3 years, 8 months ago

What Happened to the China-US Focus on Trade?

The Diplomat  

For much of the Trump administration, the central issue in China-U.S. relations was trade. The summary from China’s Ministry of Foreign Affairs likewise relegated economic ties to one point on a longer list of topics: “economy and trade, military, law enforcement, culture, health, cyber security, climate change, the Iranian nuclear issue, Afghanistan, the Korean Peninsula and Myanmar, etc.” This lack …

U.S., Chinese Officials Trade Swipes At Photo-Op
3 years, 9 months ago

U.S., Chinese Officials Trade Swipes At Photo-Op

NPR  

U.S., Chinese Officials Trade Swipes At Photo-Op Enlarge this image toggle caption Frederic J. Brown/AP Frederic J. Brown/AP The first face-t0-face meeting between U.S. and Chinese officials got off to a heated start Thursday. Sponsor Message The meeting included U.S. Secretary of State Antony Blinken, national security adviser Jake Sullivan, Chinese Foreign Minister Wang Yi and Yang Jiechi, director of …

For a reset: The Hindu Editorial on U.S.-China meeting in Alaska
3 years, 9 months ago

For a reset: The Hindu Editorial on U.S.-China meeting in Alaska

The Hindu  

As top diplomats from the U.S. and China begin their meeting in Alaska, there is no question that their conversation will be a difficult one. The meeting, between U.S. Secretary of State Antony Blinken and Yang Jiechi, CCP Politburo member and Director, Central Foreign Affairs Commission, accompanied by U.S. NSA Jake Sullivan and Chinese Foreign Minister and State Councillor Wang …

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 …

China-US trade: Beijing urges Washington to remove tariffs
3 years, 10 months ago

China-US trade: Beijing urges Washington to remove tariffs

Al Jazeera  

Senior Chinese diplomat Wang Yi has called on the administration of United States President Joe Biden to work with Beijing to reopen dialogue between the two countries and to remove tariffs and sanctions, steps that would go towards restoring a bilateral relationship damaged under the presidency of Donald Trump. Wang, a Chinese state councillor and foreign minister, said the Trump …

Under Biden, China faces renewed trade pressure
3 years, 11 months ago

Under Biden, China faces renewed trade pressure

Associated Press  

BEIJING — The U.S.-Chinese trade war isn’t going away under President Joe Biden. A Chinese foreign ministry spokesman, Zhao Lijian, appealed to Washington to learn from Trump’s “erroneous policies” and adopt a “constructive attitude” but gave no indication of possible changes by Beijing. He said that while many of Trump’s statements were “close to nonsense,” he was right that China …

AP sources: Biden to pick Katherine Tai as top trade envoy
4 years, 1 month ago

AP sources: Biden to pick Katherine Tai as top trade envoy

Associated Press  

WASHINGTON — President-elect Joe Biden is set to nominate Katherine Tai to be the top U.S. trade envoy, according to two people familiar with his plans. Fluent in Mandarin Chinese, Tai earlier oversaw China trade enforcement for the Office of the U.S. Trade Representative, setting U.S. strategy in trade disputes with China. As the top trade staffer at Ways and …

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 …

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, …

Trump and Biden on trade: Same diagnosis, different prescription
4 years, 4 months ago

Trump and Biden on trade: Same diagnosis, different prescription

LA Times  

International trade was never much of an issue in presidential campaigns until Donald Trump. In 2016, he made trade a key plank in his economic nationalism platform, denouncing America’s biggest free trade pacts and promising a whole new way of doing business with the rest of the world. President Trump At the core of Trump’s trade policy has been his …

Fraying US-China relations tested by Donald Trump ahead of presidential election
4 years, 4 months ago

Fraying US-China relations tested by Donald Trump ahead of presidential election

Live Mint  

The almost daily drumbeat of tensions between the U.S. and China shows little sign of letting up, while touching on everything from the coronavirus to trade to defense issues to monetary policy. Against that background, it’s unclear how heated things may get between now and November, while the provocations mount: The Trump administration on Friday approved the sale of F-16 …

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 …

A ‘new Cold War’?: How the US-China trade dispute is deepening
4 years, 6 months ago

A ‘new Cold War’?: How the US-China trade dispute is deepening

Al Jazeera  

More industries are being penalised as bipartisan anti-China sentiment rises before the November polls in the US. “There are many industries where U.S. companies have made long-term bets on China’s future because the market is so promising and so big,” said Myron Brilliant, the U.S. Chamber of Commerce’s head of international affairs. “But China is a punching bag that can …

Trump says China trade deal still on after adviser’s remarks
4 years, 6 months ago

Trump says China trade deal still on after adviser’s remarks

Associated Press  

WASHINGTON — President Donald Trump is tweeting that an initial trade agreement with China is still on after a top White House adviser’s comments seemed to suggest it was over, spooking markets late Monday. Trump tweeted: “The China Trade Deal is fully intact. Hopefully they will continue to live up to the terms of the Agreement!” The Trump administration has …

Trump’s Rallies Confirm Bolton’s China Story
55 years ago

Trump’s Rallies Confirm Bolton’s China Story

Slate  

John Bolton, President Donald Trump’s former national security adviser, has just added a new chapter to the stockpile of evidence that Trump betrayed the United States. In that conversation, he recalls, Trump offered to reduce U.S. tariffs on China in exchange for “increases in Chinese farm-product purchases, to help with the crucial farm-state vote.” Then, in June 2019, according to …

Trump rules out renegotiating trade deal with China says not interested
4 years, 7 months ago

Trump rules out renegotiating trade deal with China says not interested

India TV News  

US President Donald Trump has ruled out renegotiation on the trade deal signed with China saying he's not interested in that while addressing reporters at the White House. Trump was asked by the reporters on reports that China wanted to resume discussions on the trade deal that was signed between the two nations earlier this year. President Trump said, "not …

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 …

Even as Trump claims two victories on trade, doubts remain
4 years, 11 months ago

Even as Trump claims two victories on trade, doubts remain

Associated Press  

WASHINGTON — President Donald Trump’s trade deal with China last week opened up export opportunities for American farmers, manufacturers and energy producers. Many trade experts say they worry that in the long run, Trump’s relentlessly confrontational stance and eager embrace of tariffs could pose risks to both the U.S. and global economies. Here is a closer look at Trump’s recent …

US deal with China is a victory for Trump, but more still needs to be done (opinion)
4 years, 11 months ago

US deal with China is a victory for Trump, but more still needs to be done (opinion)

CNN  

Editor’s Note: James D. Schultz is a CNN legal commentator and chair of the Government and Regulatory practice at Philadelphia-based law firm Cozen O’Connor. That changed when President Trump took office, and his consistently tough stance led to a “phase one” trade deal between the United States and China last week. In addition to easing tensions between the two nations, …

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