Axar.Az Logo

Trade talks between US and China have stalled

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

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

2019.05.18 / 10:17
See also

Pashinyan got rid of this minister

Karabakh statement from Lavrov

Zohrabyan: Nikol bowed in front of Aliyev again

Biden gave a position to the Armenian director of LGBT

68 people were arrested due to Navalny

What will be Biden`s first official decision?

Zarif's message to his French counterpart

Russia sent additional troops to the border with Turkey

US bombers took off again

Message from Suga to Russia

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla