Trump is not satisfied with the performance of China’s trade talks. The consultation continues

Liu He invited the US senior officials to visit Beijing before Thanksgiving


Sino-US trade negotiations have added to the haze. US President Trump visited Apple’s factory in Texas on Wednesday and said that he still has no intention of reaching a trade agreement with China because he believes that China is not satisfied with the US in terms of trade negotiations between the two countries (stepping up to The level we want). He revealed that the US still continues to negotiate trade with China. China hopes to reach an agreement, but the problem is that he wants it, and he also likes what is happening now, including that Washington is charging billions of dollars in tariff revenue. On the other hand, there are reports that Liu He, the Chinese leader of the China-US Comprehensive Economic Dialogue, intends to invite US Trade Representative Robert Lighthizer and Finance Minister Steven Mnuchin to face-to-face consultations in Beijing before next Thursday. .

Consider Apple’s exemption from tariffs

Trump, accompanied by Apple’s CEO, Cook, on Wednesday, patrolled Apple’s plant in Texas. Trump said that he expects Apple to set up a factory in the United States, because there is no need to worry about products being subject to tariffs because they set up factories in the United States. Apple smartphones have been included in the US’s ultimate tariff list and are subject to a 15% tariff, which is scheduled to take effect on December 15. Trump said he is considering whether to grant Apple a tariff exemption for goods imported from China, but there is no decision yet.

The US House of Representatives and the Senate recently passed the Hong Kong Bill of Rights and Democracy, which worries that the outside world will pose a new obstacle to trade negotiations

The Wall Street Journal quoted sources as saying that Liu He expressed his intention to invite Lett Heze and Nuchin to Beijing for face-to-face consultations during a phone conversation with US officials last week, and hopes that they will be available before the US Thanksgiving holiday next Thursday. Held.

According to reports, the US officials expressed their willingness to conduct an interview with the Chinese side, but did not make a commitment on the Chinese invitation and the specific date of the meeting. However, the source pointed out that if China does not explicitly make a commitment to intellectual property protection, compulsory technology transfer and increased procurement of agricultural products, it is believed that the US representative may not be willing to go to negotiations.

Or for the transfer of intellectual property technology

In addition, Reuters earlier quoted people close to the US White House and trade circles that China and the United States may not be able to reach a first-phase trade agreement within this year, as the negotiation situation may become more complicated, and China requires the United States to make more Great concessions, while Washington asked Beijing to make changes in intellectual property protection and technology transfer.

Bloomberg quoted a news report that Liu He said at the Innovation Economic Forum dinner on Wednesday night that he was “cautiously optimistic” about the first-stage trade agreement with the United States. It is known that Liu He told a participant that he was “confident” about the US request, but still confident that the first phase agreement could be reached.

China’s Ministry of Commerce spokesperson Gao Feng said at a regular press conference that the economic and trade teams of China and the United States will closely communicate. There is no more information on the progress of the negotiations, but the rumors are not accurate. China is willing to be equal with the US. On the basis of mutual respect and mutual efforts, we will properly resolve the core concerns and strive to reach the first phase of the agreement.


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