Considerable Differences Remain After U.S.-China Trade Talks
04 Maggio 2018 - 12:05PM
RTTF2
Highly anticipated trade talks between the U.S. and China
resulted in agreements on some issues, although China's state-run
Xinhua news agency noted considerable differences still exist.
A report from Xinhua on Friday said both sides recognized the
remaining differences and said continued hard work is required for
more progress.
The report comes after two days of talks between the U.S.
delegation led by Treasury Secretary Steven Mnuchin and top Chinese
officials, including Vice Premier Liu He.
"The two sides agreed that a sound and stable China-U.S. trade
relationship is crucial for both, and they are committed to
resolving relevant economic and trade issues through dialogue and
consultation," Xinhua said.
The talks included discussions of issues such as increasing U.S.
exports to China, bilateral service trade, two-way investment,
protection of intellectual property rights, and resolving tariff
and non-tariff issues.
Xinhua said the two sides agreed to stay in close communication
on relevant issues and establish a corresponding work
mechanism.
The meetings in Beijing came after the U.S. and China engaged in
tit-for-tat tariff announcements, raising concerns about a
potential trade war.
In a post on Twitter ahead of the start of the talks, President
Donald Trump said, "Our great financial team is in China trying to
negotiate a level playing field on trade!"
"I look forward to being with President Xi in the not too
distant future," he added. "We will always have a good (great)
relationship!"
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