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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

STOP PRESS

07/09/2019

Stalled China-U.S. Trade talks to Resume

Following the “conflict limitation” talks between President Trump and Premier Xi at the G-20 Summit in Osaka on June 29th observers expect bilateral negotiations to resume.

 

The current impasse relates to conflicting demands. China requires a rescission of existing tariffs as a prerequisite for progress and the U.S. is pressing for a commitment on structural issues.

 

Preliminary telephone discussions have taken place but should be followed by face-to-face meetings. To this end U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin intend to travel to Beijing to meet with counterparts including Vice-premier He.

 

There is no confirmation from China that a “tremendous amount of food and agricultural products” will be purchased, as announced following the June meeting.


 
Copyright 2019 Simon M. Shane