Details on US, China trade talks to come on Monday, says Greer
WASHINGTON — The United States is expected to release details on the outcome of trade negotiations with China on Monday, U.S. Trade Representative Jamieson Greer said on Friday. U.S. President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday but there was little sign of a breakthrough on a host of sensitive issues. "We're in a managed trade situation ... we've had…
U.S. Trade Representative Jamieson Greer has announced that details on the outcome of trade talks with China will be released on Monday. President Donald Trump hosted Chinese President Xi Jinping at the White House on Thursday, but little progress was evident on several contentious issues. Greer stated that they are "in a managed trade situation" and have made some advancements in negotiations with the Chinese.
The U.S. has agreed to exempt certain goods from trade disputes, including agricultural products and medical devices, while receiving consumer goods and non-sensitive items from China. Greer mentioned that agreements have been reached on various points, with sensitive matters being set aside for future consideration. The U.S. aims to leave these disputes unaddressed in case of future trade conflicts or tariff measures.
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