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Chinese Media Positive About US - China Trade Negotiations
Date : 11/21/2019

Xinhua News Agency said Nov. 17 that China and the US had 'constructive talks' after a phone call from Deputy Prime Minister Liu He.

Liu He had a call with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin.

The two sides are said to have discussed each of the core wishes of each. They are in the first phase of an initial trade agreement.

According to Xinhua News Agency, Liu and two senior US officials also agreed to maintain dialogue after the "constructive" telephone call.

The three-person phone call is expected after some news emerged that US-China trade talks show signs of deadlock recently.

US President Donald Trump worried observers after confirming he had not agreed to remove any import taxes in the first phase of the agreement.

US Commerce Secretary Wilbur Ross also revealed this week that China's size of commitment to purchasing US agricultural products has not been clearly agreed.

A Reuters source said that China's hesitation in purchasing US agricultural products is also a problem before Mr. Liu's important phone call.

In October, President Trump said that Liu, who led the Chinese negotiations, agreed to double the value of Chinese agricultural products committed to buy from the US, from 40 to 50 billion dollars. year.

Still, Beijing wants the procurement to be based on market demand, while maintaining the stance that tariffs must be removed as a trade-off deal, and this is something Mr. Trump has not agreed with.

At that time, Mr. Trump was skeptical: “The question is whether they are willing to commit? And if they are willing to commit, is there somewhere to avoid it? ”.

In addition to Xinhua News Agency, Reuters morning 17-11 (Vietnam time) also reported from Chinese national television quite positive about negotiations after the call of Liu.

According to Vietstock

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