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Thread: US / China Trade Negotiations

  1. #1

    Default US / China Trade Negotiations

    US and China are reportedly drawing closer to a final trade agreement

    - American and Chinese officials negotiating a trade deal have resolved most of the outstanding issues but are still haggling over how to implement and enforce such an agreement, the Financial Times reported late Tuesday.

    - Both countries have yet to agree on a number of important issues.

    - Beijing wants Washington to remove existing U.S. tariffs on Chinese goods and, for its part, the United States wants China to agree to terms of an enforcement mechanism ensuring it abides by the deal, the FT said.

    https://www.cnbc.com/2019/04/03/us-and-china-are-reportedly-drawing-closer-to-final-trade-agreement-ft.html


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  3. #2

    Default Re: US / China Trade Negotiations

    White House Says It's Ready to Walk If No China Trade Deal Soon

    https://www.bloomberg.com/news/articles/2019-04-30/us-china-trade-deal

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  5. #3

    Default Re: US / China Trade Negotiations


    Trump says China’s vice premier is coming to the US ‘to make a deal’

    https://www.cnbc.com/2019/05/08/trum...ke-a-deal.html



    China says it will take ‘necessary’ countermeasures if US raises tariffs Friday


    https://www.cnbc.com/2019/05/08/china-says-it-will-take-necessary-countermeasures-if-us-ups-tariffs.html

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  7. #4

    Default Re: US / China Trade Negotiations

    Stocks cut losses after Trump says he has 'excellent alternative' to China trade deal

    https://www.cnbc.com/2019/05/09/stoc...-continue.html

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  9. #5

    Default Re: US / China Trade Negotiations

    US tariffs on China jump as deadline passes, China immediately says it will retaliate

    The Trump administration is hiking duties on $200 billion worth of Chinese products to 25% from 10%.

    It had been hoped that a resolution could be reached by the two sides prior to a midnight deadline for the tariff hike, but no deal materialized.
    https://www.cnbc.com/2019/05/10/chin...-continue.html

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  11. #6

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    Default Re: US / China Trade Negotiations

    China announces new tariffs on American goods. Dow futures now down 1.75%.


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  13. #7

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    Default Re: US / China Trade Negotiations

    trade-2019.jpg

    Sounds like China is going to retaliate with some hefty tariffs of their own.

    I would note that of that $28 billion in "Transportation" - that Boeing Jets account for $18 billion of our exports to China, and those are at risk at the moment- as the 737-Max isn't expected to be flying again any time soon.

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  15. #8

    Default Re: US / China Trade Negotiations

    What trade war?

    `Buy the Dip' Is Back as $1 Trillion Goldman Manager Pounces

    So optimistic is Goldman Sachs Asset Management about a deal between the world’s two biggest economies that it recently bought more Chinese stocks.
    https://www.bloomberg.com/news/artic...chinese-stocks

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  17. #9

    Default Re: US / China Trade Negotiations

    China is indicating it’ll never give in to US demands to change its state-run economy

    A commentary piece published this weekend by state news agency Xinhua says U.S. requests for China to address economic issues is an infringement on Beijing’s core interests.

    The term “core interests” has usually been used by China to refer to Beijing’s territorial claims — such as those on Taiwan.

    The escalating trade dispute between the U.S. and China has focused on Washington’s complaints about state-owned enterprises, the coerced surrender of proprietary technology, and the trampling of intellectual property rights.
    https://www.cnbc.com/2019/05/27/chin...n-economy.html

    ---------------------------------------------------------------------------------------------------------------------------

    Increasing tariffs on China will likely hurt US growth, says Nomura

    https://www.cnbc.com/2019/05/28/trum...ld-nomura.html


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  19. #10

    Default Re: US / China Trade Negotiations

    Trump is ‘perfectly happy’ to hit China with new tariffs if Xi meeting doesn’t go well, Mnuchin says

    U.S. Treasury Secretary Steven Mnuchin says President Donald Trump will come to a decision about whether to levy additional tariffs on China after meeting with Chinese leader Xi Jinping later this month.

    “If China wants to move forward with the deal, we’re prepared to move forward on the terms we’ve done. If China doesn’t want to move forward, then President Trump is perfectly happy to move forward with tariffs to re-balance the relationship,” Mnuchin says.

    The Treasury secretary also weighs in on Huawei, the Chinese currency, and the importance American negotiators attach to addressing issues beyond the U.S.-China balance of trade.
    https://www.cnbc.com/2019/06/09/mnuc...g-with-xi.html

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  21. #11

    Default Re: US / China Trade Negotiations

    Trump says he and China’s Xi spoke, will have ‘extended meeting next week’ at G-20

    President Trump says he and Chinese President Xi Jinping “will be having an extended meeting next week at the G-20 in Japan.”

    In a tweet, Trump says that he and Xi “had a very good telephone conversation,” and that “our respective teams will begin talks prior to our meeting.”

    China had kept mum about whether Xi would agree to a face-to-face meeting with the U.S. president at the summit, scheduled for June 28-29 in Osaka, while the two economic superpowers remain locked in a heated trade dispute.
    https://www.cnbc.com/2019/06/18/trum...k-at-g-20.html

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  23. #12

    Default Re: US / China Trade Negotiations

    Mnuchin: ‘We were about 90% of the way’ on China trade deal and there’s a ‘path to complete this’

    “We were about 90% of the way there [with a deal] and I think there’s a path to complete this,” Mnuchin says in Bahrain.

    Trump is meeting his Chinese counterpart Xi Jinping on Saturday at the G-20 summit in Osaka, Japan.


    A Bank of America Merrill Lynch survey of investors finds that about two-thirds expected no deal this weekend, but no new tariffs either.

    https://www.cnbc.com/2019/06/26/mnuc...-complete.html

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