April 24, 2019

US-China trade talks to continue in May

Featuring Elizabeth Rosenberg

Source: Argus Media

Journalist Argus Media

China and the US are scheduled to hold two more rounds of negotiations in coming weeks in hopes of ending their trade dispute, although Washington's latest push to cut off Iranian oil exports may complicate efforts to reach a resolution.

US trade representative Robert Lighthizer and treasury secretary Steven Mnuchin will travel to Beijing for talks starting 30 April. Chinese vice premier Liu He, who leads the trade talks for China, will return to Washington on 8 May for another round, the White House said late yesterday. Beijing has not independently confirmed the schedule of talks.

President Donald Trump at the conclusion of the previous round of talks on 4 April said he expected negotiations to wrap up by 2 May, with another two weeks to finalize the agreement. Both Washington and Beijing insist that "substantive progress" has been made. But they have offered no details on how the sides have resolved their key differences on two key areas: when the US would remove tariffs affecting a large portion of imports from China and how a sweeping trade agreement would be enforced.

Read the full article and more in Argus Media.

Authors

  • Elizabeth Rosenberg

    Senior Fellow and Director, Energy, Economics and Security Program

    Elizabeth Rosenberg is a Senior Fellow and Director of the Energy, Economics, and Security Program at the Center for a New American Security. In this capacity, she publishes a...