US Wants an Enforceable Trade Deal with China

US Wants an Enforceable Trade Deal with China

United States wants to continue trade discussions with China that focus on structural changes and enforcement mechanisms when talks continue late this month during the G-20 Summit in Japan, White House economic adviser Larry Kudlow said Tuesday.

“The United States wants to continue the conversations about structural changes regarding intellectual property theft and forced technology transfers and market openings and tariffs,” Mr. Kudlow said in a TV interview.

“We are looking for an enforceable agreement as we always have – that is absolutely vital. So all of those general topics will be on the table.”

Mr. Kudlow talked to reporters outside the White House after President Trump said Tuesday he had spoken with Chinese President Xi and that the 2 leaders’ teams would restart trade talks in order to prepare for a meeting at the G-20 Summit on 28-29 June.

The US and China are in the middle of a costly trade dispute that has pressured financial some markets and damaged the world economy. Talks between the 2 sides to reach a broad deal broke down last month and official interaction since then seems limited.

“No results are guaranteed. I think people know that, but I think there is a certain joy that they are back to a discussion,” Mr. Kudlow told reporters.

America First!

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

You must be logged in to post comments :  
CONNECT WITH