UP

Trade talks between US and China have stalled

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Trade talks between US and China have stalled

Negotiations between the US and China appear to have stalled as both sides dig in after disagreements earlier this month.

Axar.az reports citing CNBC.

Scheduling for the next round of negotiations is “in flux” as both sides are struggling to find common ground for negotiations, sources briefed on the status of the talks told CNBC. China reportedly is not willing to revisit past promises on which it reneged earlier this month, even though they attended the latest round of talks in Washington last week.

Both sides have been strengthening their positions this week. China propped up its currency and cut US pork orders and the Trump administration put Chinese telecommunications company Huawei and its affiliates on a business blacklist and banned it from the supply chain.

Earlier China invited the US delegation to Beijing and US Treasury Secretary Steven Mnuchin even appeared open to accepting the offer. However, sources said scheduling discussions have not taken place since the Trump administration declared a national emergency over threats against US technology and signed the order banning the use of telecom equipment made by firms deemed to pose a "national security risk." Soon after this, the US Commerce Department announced that it had reasons to believe that “Huawei is engaged in activities” that go against American national security, blacklisting the company.

Date
2019.05.18 / 10:17
Author
Axar.az
See also

Putin: Never go to war with Russia

JD Vance denies cash in Iran deal reports

Erdogan: World faces most critical era since WWII

Araghchi says nuclear deal near finalization

Adam Kadyrov named Hero of Chechnya for second time

Ukrainian military losses updated on 1,570th day of war

Kadyrov says Ukraine should not exist as state

Russia captures of Pryiutne in Donetsk region

Netanyahu says in ‘full agreement’ with Trump

Kazakhstan and EU discuss visa facilitation and readmission

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla