Mexican Media Brands
China, U.S. to Continue Trade Talks Next Week
U.S. and Chinese trade negotiators ended intensive talks in China today far apart on key issues. But both remain cautiously optimistic about more progress next week.
#economics
Share
U.S. and Chinese trade negotiators ended intensive talks in China today far apart on some key issues. But both remain optimistic about reaching a deal and will resume their efforts in the U.S. next week.
The two countries agreed in December to suspend escalating counter-tariffs until March 1 in hopes of resolving their simmering trade war. Negotiators have been cautious about their assessment of progress to date and stopped short of indicating any consensus in principle had been achieved.
Nevertheless, the heads of both countries were encouraging. President Donald Trump declares the talks are going “extremely well.” China President Xi Jinping says “important progress” was made this week.
If no deal is reached by March 1, President Donald Trump has said he will raise current tariffs on $200 billion worth of imported Chinese goods from the current 10% to 25%. But he also indicated this week that he might delay that step if meaningful progress is being made.
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.
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future