WASHINGTON: Washington's top trade official on Tuesday said the United States and China are likely to conclude their trade negotiations within"weeks" - but a successful outcome is not assured.
US officials are demanding far-reaching changes to Chinese industrial policy - including an end to massive state intervention in markets, subsidies and the alleged theft of American technology - and insist that any agreement be enforceable.Lighthizer said Washington would reserve the right to impose them should China fail to keep up its end of the bargain.
Lighthizer also said the United States would press ahead with efforts to reform the World Trade Organization. But Lighthizer said the United States and the EU were at a deadlock over whether to include agriculture in their current trade talks.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US, China to observe market forces on currencies: People's Bank of China Governor YiBEIJING (BLOOMBERG) - China and the US have reached consensus on many 'crucial' issues, including a commitment to observe market-oriented exchange rate mechanisms, People's Bank of China Governor Yi Gang said.. Read more at straitstimes.com. Drhbrteeytfftfgivv
Source: The Straits Times - 🏆 8. / 63 Read more »
China trade talks within 'weeks' of accord, says US trade representativeWASHINGTON: Washington's top trade official on Tuesday (Mar 12) said the United States and China were likely within 'weeks' of ending their trade ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump says US will do 'very well' with or without a trade deal with ChinaWASHINGTON: President Donald Trump on Friday said he is confident the United States can forge a trade deal with China, but added that he thinks ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China won't make big concessions on US trade deal, ex-finance minister Lou Jiwei saysBEIJING (BLOOMBERG) - China won't make big concessions to the US in order to seal a trade deal, former finance minister Lou Jiwei said in Beijing on Wednesday (March 6), calling some US demands for change 'unreasonable.'. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Trump team has no plan to go to China for trade talks: US officialWASHINGTON (REUTERS) - Trump administration officials have not made any new plans to send a team to China for face-to-face trade talks although there is much work left to be done to reach a deal, White House trade adviser Clete Willems said on Friday (March 8).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Why a meaningful US-China trade deal could be hard to reachWASHINGTON (AP) — Under President Donald Trump, America's trade deficit with China has so far worsened. That gap represents an unfulfilled Trump pledge just as talks between the world's two largest economies may be nearing a potential deal to suspend their trade war.
Source: YahooSG - 🏆 3. / 71 Read more »
'We need it now': US farm country pins hopes on China trade dealCorn and soybean farmer Lorenda Overman from North Carolina has been selling her crops at a loss and delaying paychecks to her workers since the U.S.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Macau casinos still booming despite US-China trade warMACAU The trade war may have sent ripples of uncertainty through the world's second largest economy, but one corner of China has so far remained steadfastly buoyant - the gambling enclave of Macau. In the past few weeks, Macau's four casino giants - SJM, Sands China, Galaxy...
Source: thenewpaper - 🏆 7. / 63 Read more »
China says working with US day and night to get trade dealBEIJING: China and the United States are still working day and night to achieve a trade deal that matches the interests of both sides and the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump says China trade talks going well, predicts 'good deal' or no dealWASHINGTON: US President Donald Trump said on Wednesday (Mar 6) that trade talks with China were moving along well and predicted either a 'good ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »