Friday, 22 February, 2019

U.S.' Mnuchin hopes for 'productive' trade meetings in China

An MH-60R Seahawk attached to the Will the trade war ever end? Potential late March Trump-Xi meeting would likely extend talks
Orlando Vargas | 13 February, 2019, 07:09

The world's two largest economies are trying to hammer out a deal before a March 1 deadline, after which United States tariffs on US$200 billion (S$271 billion) worth of Chinese imports are scheduled to increase to 25 per cent from 10 per cent.

As a result, some aides privately acknowledge the most likely scenario is for the March 1 deadline to be extended, and for tariffs on some $200 billion in Chinese imports not to be raised to 25 percent as Trump has threatened.

Top US officials arrived in the Chinese capital on Tuesday ahead of high-level trade talks as the world's two largest economies attempt to hammer out a deal ahead of a March 1 deadline and avoid another escalation of tariffs. "I could see myself letting that slide for a little while", Trump said at the White House. -China Business Council, said more time may be needed for a deal, which will require a meeting between Trump and his Chinese counterpart to complete.

Lighthizer, who arrived at the hotel earlier in the day, did not answer reporters' questions.

Trump told reporters in January that he planned to meet Xi in late February, though he backtracked on that last week and said a gathering wouldn't take place this month.

Andy Robertson praises 'calm' Jurgen Klopp as Liverpool recapture form
Wijnaldum's return to the side after missing Monday's draw at West Ham made a significant difference against Bournemouth . And when Georginio Wijnaldum scored with a attractive lob 10 minutes later, it was effectively game over.


Trump Signs Order Prioritizing Artificial Intelligence Research
It also says federal agencies will establish guidance to ensure the new technologies are developed in a safe, trustworthy way. One critic says the plan doesn't do enough to address potential displacement of USA workers in the coming years.


Cardi B has quit Instagram following her Grammy-winning backlash
I worked hard for my motherf***ing album'. "I can't thank you guys enough for all the love & support you continue to show me". Cardi's rant does not come as a surprise as someone who has constantly defended her work over the years.


The last round of talks in Washington late last month resulted in China importing American soybeans as it implemented promises to buy more USA goods.

While China has offered to buy more U.S. soybeans and beef, officials have yet even to agree on a draft of a deal that would address key USA concerns, according to media reports.

These include ending China's alleged violations of intellectual-property rights and forced transfers of American technologies.

Trump indicated that he'll wait and see what will come of the ministerial meeting that's starting on Thursday in Beijing. According to a White House official, the delegates were preparing to focus more on pressing Beijing to gain a structural reform in China's business policy for the USA firms.

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