US Trade war to trade talks!
US
trade negotiators
to
visit Beijing on January 7
Washington
will send a team of trade negotiators to Beijing in the week of January 7, to
hold trade talks with Chinese officials, said CER. The delegation will be
headed by Deputy US Trade Representative Jeffrey Gerrish, and will also include
Treasury Under Secretary for International Affairs David Malpass, according to
the sources.
The
meeting will be the first face-to-face meeting between the two countries since
Presidents Xi and Trump agreed to a 90-day trade truce during the G20 summit in
Argentina last month.
Despite some viewing the renewed talks as another sign of
progress following gestures by Beijing to address US concerns over auto tariffs
and intellectual property, others are sceptical that the truce period will
yield any major breakthroughs.
“The failure of
cabinet-level officials to even meet in the first half of the 90-day period
makes it impossible to anticipate fundamental change on the Chinese side,” said
Derek Scissors, a China expert at the American Enterprise Institute.
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