. Earth Science News .
TRADE WARS
US trade negotiators to visit China on March 28-29
By Poornima WEERASEKARA
Beijing (AFP) March 21, 2019

Senior US officials will visit Beijing for a new round of trade war talks on March 28-29, followed by a trip to the United States by China's top negotiator in April, the Chinese commerce ministry said Thursday.

The back-to-back trips come as Washington and Beijing battle over the final shape of a trade deal, with American officials demanding profound changes to Chinese industrial policy.

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are returning to the Chinese capital next week, commerce ministry spokesman Gao Feng said at a weekly briefing.

After their visit, Chinese Vice Premier Liu He will head to the United States in April to continue the negotiations, Gao said.

President Donald Trump warned Wednesday that US tariffs on Chinese imports could remain in place for a "substantial period", dampening hopes that an agreement would see them lifted soon.

Over the last eight months, the United States and China have slapped tariffs on more than $360 billion in two-way goods trade, weighing on the manufacturing sectors in both countries.

On Friday, China's rubber-stamp parliament approved a foreign investment law to strengthen protections for intellectual property -- a central US grievance -- but critics said the bill was rammed through without sufficient time for input from businesses.

The law was adopted barely three months after a first draft was debated, an unusually quick turnaround for the legislature, which meets once a year.

- Unilateral tariffs -

Beijing has also expressed willingness to increase purchases of American commodities such as energy and soybeans.

But analysts say Chinese officials will be reluctant to accede to demands that could weaken the Communist Party's hold on power -- such as fully exposing state enterprises to market forces.

Trump initially said he expected to seal any final bargain at a summit with Chinese President Xi Jinping later this month but that deadline has been pushed back as momentum in the talks has slowed.

US negotiators have insisted that any agreement have teeth -- including the ability to impose tariffs unilaterally should China backslide on any commitments to end alleged unfair trade practices.

"We have to make sure that if we do the deal with China, that China lives by the deal," Trump told reporters at the White House Wednesday.

He also said the talks with Beijing were "coming along nicely".

Despite Trump's trade wars, the US trade deficit with China last year hit a record, as American consumers drew in foreign-made goods while weakened US sales of agricultural commodities weighed on American exports.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
China's Xi to visit Italy, France as Rome joins 'new Silk Road'
Beijing (AFP) March 18, 2019
Chinese President Xi Jinping will travel to Italy, Monaco and France this week, the foreign ministry said Monday, with Rome expected to join his global trade infrastructure programme despite reservations in other European countries. Beijing has financed infrastructure, maritime, rail and road projects in Asia, Africa and Europe, but critics warn that it mainly benefits Chinese firms while setting up a "debt trap" in more financially vulnerable countries. Xi will pay state visits from Thursday to ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Landslide in northern China kills 10

Court rules gunmaker Remington can be sued over US massacre

Venezuela's hidden damage: mental stress as desperation grows

Court rules gunmaker Remington can be sued over Newtown massacre

TRADE WARS
Terminator-like liquid metal moves and stretches in 3D space

Not so fantastic: Can Japan end its love affair with plastic?

Materials could delay frost up to 300 times longer than existing anti-icing coatings

ANU research set to shake up space missions

TRADE WARS
In Caracas, water an obsession after days of blackout

Ocean sink for man-made CO2 measured

Fuelled by China fears, Russians protest Baikal bottling plant

Millions hit in Manila's 'worst' water shortage

TRADE WARS
Decoding extreme weather at the poles

Tectonics in the tropics trigger Earth's ice ages

Sentinels monitor converging ice cracks

Receding Chilean glacier a sign of accelerating climate change

TRADE WARS
Houston, we're here to help the farmers

'Meatless Mondays' on horizon for New York City schools

Pesticides affect bumblebee genes; scientists call for stricter regulations

Duque asks court to allow banned weedkiller on cocaine

TRADE WARS
More than 1,000 feared dead in Mozambique storm

Parts of US Midwest deluged in historic deadly floods

Cyclone Idai kills at least 31 as it hits eastern Zimbabwe

New York to spend $500 million for Manhattan flood protection

TRADE WARS
21 soldiers dead as gunmen storm Mali army camp

Boost Africa investment to win climate fight: World Bank head

At least six Mali troops killed by landmines: army

Macron visits E.Africa in effort to counter China expansion

TRADE WARS
From stone chips to microchips: How tiny tools may have made us human

Fossil teeth in Kenya help fill monkey evolution record gap

Chimps' cultural diversity threatened by humans, study says

The mind distracted: technology's battle for our attention









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.