• Advertisement
  • Privacy Policy
  • Publication Principle
  • Imprint
  • Contact
Entertainment Overdose
  • HOMEPAGE
  • NEWS
  • WORLD
  • SCIENCE
  • HEALTH
  • SPORTS
  • TECH
  • POLITICS
No Result
View All Result
  • HOMEPAGE
  • NEWS
  • WORLD
  • SCIENCE
  • HEALTH
  • SPORTS
  • TECH
  • POLITICS
No Result
View All Result
Entertainment Overdose
No Result
View All Result
Home World

Trump optimistic about US-China trade talks

Oliver Barker by Oliver Barker
October 11, 2019
in World
2 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on RedditShare on Email
ADVERTISEMENT

US President Donald Trump appeared a positive note in the conclusion of this first day of US-China trade discussions in Washington DC.

“We had a very, very great discussion with China,” Mr Trump told reporters after the talks wrapped up.

Mr Trump will fit with Vice Premier Liu He in the White House on Friday.

Earlier reports indicated the Chinese delegation may leave following the first day of discussions.

Asian markets followed Wall Street greater after Mr Trump’s remarks.

They had been the very first high-level discussions in two or more months.

US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer met Mr Liu and other Chinese officials.

“The Chinese side came with great sincerity, willing to cooperate with the US on the trade balance, market access and investor protection,” Mr Liu told the official Xinhua news agency.

Earlier in the week, the US government blacklisted 28 Chinese entities it said were “implicated” in human rights abuses, and imposed additional visa restrictions for Chinese government officials.

The Chinese Embassy in Washington denounced the visa action and said the US accusations on human rights violations were “made-up pretexts” for interfering in China’s affairs.

Although many of the blacklisted entities are government security bureaus, the eight companies named include some of China’s leaders in artificial intelligence.

The blacklist could restrict the access of those companies to US microchips, which they currently rely on for many of their products and services.

Human rights groups and the UN say China has rounded up and detained more than a million Uighurs and other mostly Muslim minorities in detention camps in Xinjiang province.

China insists they’re “vocational training centres” aimed at preventing terrorism, promoting integration into Chinese society and providing employment.

Although officials are speaking positively about the meeting, few expect more than incremental progress.

“I think China’s looking for a trade truce,” said Einar Tangen, a former economic adviser to the Chinese government.

“At this point, it’s not clear that there will ever be any kind of big breakthrough. The idea in Beijing is that they will never allow Chinese policy to be made in Washington DC.”

The US and China have been locked in a long-running trade spat over a variety of issues.

Over the past 15 months, the world’s two largest economies have imposed tariffs on billions of dollars worth of each other’s goods.

ADVERTISEMENT

The US has been demanding better protection for US intellectual property, and an end to both cyber theft and the forced transfer of technology to Chinese firms.

It also wants China to reduce industrial subsidies and improve access to Chinese markets to US companies.

Tags: Trade warsTrumpUS-China Trade
ShareTweetSendShareSend
Oliver Barker

Oliver Barker

Was born in Bristol and raised in Southampton. He has a bachelor degree on accounting and economics and masters degree on Finance and Economy in Southampton University. He is 34 and lives in Midanbury, Southampton.

Related Posts

KSI vs Logan Paul 2 Fight Date

November 13, 2019

World Cup Final: England coach Eddie Jones admits mistake in not changing side

November 13, 2019

Billie Eilish fans can earn tickets to her tour by fighting climate change

Kanye West hangs out with his dad in the video for ‘Follow God’

Emilia Clarke Believes New Film ‘Last Christmas’ is Anti-Brexit

‘Russia, Turkey Working to Implement Sochi Deal’

Next Post

After five people got stabbed In Manchester, investigations are started by the police

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sports

Carlo Ancelotti: Where next for ex-Chelsea, Real Madrid & AC Milan manager?

by Oliver Barker
December 12, 2019
News

Google founders Larry Page and Sergey Brin step down as executives of parent company Alphabet

by Oliver Barker
December 8, 2019
News

Family pay tribute to ‘lovely’ Harley Watson, 12, killed in ‘deliberate’ hit-and-run

by Oliver Barker
December 4, 2019
News

Man jailed for three years is being released after nine years

by Oliver Barker
December 3, 2019
No Result
View All Result
  • HOMEPAGE
  • NEWS
  • WORLD
  • SCIENCE
  • HEALTH
  • SPORTS
  • TECH
  • POLITICS