Mexican Media Brands
China Agrees to Continue Trade Talks with U.S.
China’s top trade negotiator has agreed to meet with his U.S. counterparts in Washington, D.C., on May 9 to continue efforts to end the trade war between the countries.
#economics
Share
China’s top trade negotiator has agreed to meet with his U.S. counterparts in Washington, D.C., on May 9 to continue efforts to end the trade war between the countries.
Vice Premier Liu He is set to participate in negotiations that will begin tomorow evening. President Donald Trump has threatened to hike tariffs on $200 billion worth of Chinese goods to 25% from 10% on Friday if no deal is reached.
Both sides had been voicing optimism about an agreement until last weekend. That’s when U.S. negotiators reported that China had walked back earlier pledges.
Observers say the primary roadblock appears to be a U.S. demand that China make legislative changes to protect U.S. intellectual property and provide a rigorous way to enforce compliance. Chinese negotiators want to handle such issues through regulatory and administrative means.
RELATED CONTENT
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.