China ministerial trade talks to start

Top-level U.S.-China trade talks resume as irritants sour atmosphere

Top-level U.S.-China trade talks resume as irritants sour atmosphere

Gains were also supported by a New York Times report saying that Washington would soon issue licences allowing some USA firms to supply non-sensitive goods to China's Huawei Technologies. He also delayed a tranche of tariffs until mid-December to avoid hurting consumers during the holiday shopping season.

The sources said that this agreement could then pave the way for talks over intellectual property and other issues.

Notwithstanding the SCMP report, by all indications the talks are set to continue in Washington on Thursday and Friday, when higher level meetings will reportedly take place.

A so-called currency pact which Washington reportedly said had been agreed to earlier this year before the trade negotiations started will potentially be the first stage of an anticipated deal with Beijing.

The two sides have been at loggerheads over US demands that China improve protections of American intellectual property, end cyber theft and the forced transfer of technology to Chinese firms, curb industrial subsidies and increase USA companies' access to largely closed Chinese markets.

According to Reuters, Chinese government officials said the Trump administration's recent blacklisting of 28 Chinese firms generated a negative atmosphere. A day later, the U.S. State Department imposed visa restrictions on Chinese officials related to the Xinjiang issue.

Harry and Ed Sheeran filming together ahead of World Mental Health Day
In the short piece of footage, Sheeran, 28, presses the doorbell, which rings to the tune of God Save The Queen . The singer then asks if he can bring the camera crew in, to which Harry replies: "Of course".

Meanwhile, US Secretary of Commerce Wilbur Ross said on Thursday that tariffs on Chinese goods and services are working as they are forcing China to pay attention to US concerns.

"In my opinion China wants to make a deal more than I do", he said.

Further tariffs are scheduled to come into effect on December 15.

President Trump told reporters this week there's a really good chance a deal will happen.

Ross added that the United States was "not opposed" to trade with China but said that China's trade practices have "gotten worse" and that the country needed to abide by global trade regulations.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.