The U.S. and China have made in their discussions on the settlement of the trade conflict, according to both sides progress. US President, Donald Trump spoke on Thursday in Washington of the “enormous progress”, to name but without Details.
The official Chinese news Agency Xinhua reported, the Delegation from Beijing have committed to an increase in imports from the United States and improved cooperation in the protection of intellectual property and technology transfer.
Xi wants “mutual respect”
Trump received the Chinese chief negotiator and Vice-head of the government, Liu He on Thursday in the Oval Office. A letter from China’s head of state, was read Xi Jinping. In it stated this, that the relations between the two countries were in a “critical” Phase. Xi expressed also the expectation that both sides continue to treat “with mutual respect”.
On the relations of the two countries will be better: The US President and the negotiators of China in the conversation. (Susan Walsh/AP/KEY)
Trump spoke before journalists of a “beautiful letter”. The relations between the two countries were “very, very good”. Although there is in the trade talks are still points of disagreement, said the US President. He assume that he would achieve, at a Meeting with Xi to an agreement.
Trump and Xi to meet in person
First, in mid-February, according to Xinhua US Treasury Secretary Steven Mnuchin and the US trade representative Robert Lighthizer for more talks, according to China travel. Later be meeting Trump and Xi personally.
time is of The essence: After the beginning of March, end of period U.S. duties could be on Chinese Goods dramatically increased. Customs duties in the amount of 200 billion dollars would then increase from ten to 25 per cent. After Trumps information was not to be discussed with the Chinese representatives on the extension of this period.
“This will make our farmers very happy,”
The two largest economies in the world are stuck for a year in the Trade dispute, and have covered each other with massive punitive tariffs. Worldwide, this is fuelling Fears of a slump in the economy. Trump, the U.S. trade deficit with China is a thorn in the eye. He accused Beijing of unfair practices, including the gigantic theft of intellectual property.
China’s Vice-President Liu said at the Meeting with Trump, China will daily import five million tonnes of soya beans from the USA. “This will make our farmers very happy,” said Trump. The White house did not, however, clear later, that it is daily purchase amounts.
dispute Huawei put a strain on relationships
Xinhua reported that the Chinese Delegation have promised to increase imports of agricultural goods, Goods and services from the United States. Also Beijing wanted to cooperate with two of the issues that Washington is particularly important, or better: the protection of intellectual property and the concern about forced technology transfers. However, the announcements remained vague.
The two-day talks in Washington had been under a difficult sign: Shortly before the recent round of Negotiations, the U.S. Department of justice had initiated a lawsuit against the Chinese Smartphone and technology giant Huawei and its financial Director Meng Wanzhou. The Ministry of justice accused of Huawei, Meng and two subsidiary companies, against the Iran sanctions violated. Meng had been arrested in early December on the initiative of the U.S. Department of justice in Canada. Washington calls for the extradition of the daughter of the group’s founder, Ren Zhengfei.
(AFP)
Created: 01.02.2019, 10:35 PM
