US and China in 'final stages' of trade deal talks that could end this month, sources say

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If a deal is reached, the U.S. could roll back tariffs on at least $200 billion in Chinese goods while China would remove or cut industry-specific levies like autos.

China and the U.S. are approaching the finish line on trade negotiations that could end later this month, according to three sources.

China's National People's Congress is also expected to pass a new foreign investment law that would change equity ownership rules, and potentially have language about state-owned enterprise subsidies and forced tech transfers. However, CNBC sources are doubtful on how strong the language would be on the latter part.

However, the U.S. wants the ability to re-implement tariffs on Chinese goods if talks fail on enforcement mechanisms on intellectual property theft and related matters. The sources said this is not sitting well with the Chinese.

Source: News Formal (newsformal.com)

 

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onlyyoontv If I were Xi, I wouldn't move until Huawei CFO is released. If Xi were smart, he would do it because this is more important than money. This is the most ridiculous thing I've ever seen.

MarcHochman I demand you end the ChuckMetzger embargo IMMEDIATELY. The people of South Florida have suffered enough ✊🏾✊🏾✊🏾

You should be banned forever.

I think even the algos have figured out this is garbage at this point

簽一個CCP下台的協議

realDonaldTrump strikes another dub

Do we have to read this permabull crap about a trade deal day in and day out for months on end? Give it a rest and only spout this horse excrement when a deal has been DONE

Chinese state media says differently.

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