USA trade representative office to hear corporations' case against tariffs

15 May, 2018, 22:34 | Author: Mable Gonzales
  • США и Китаю удастся достичь выгодного соглашения в сфере торговли- Трамп

Earlier this month, the United States presented China with a list of demands that tackle allegations of intellectual property theft and other trade policies Washington considers unfair, which had sparked the initial "trade war" concerns as the two countries were imposing tens of billions of dollars in tariffs on each other. "The gap is wide", he said during a speech at the National Press Club.

Ikenson said the administration's focus on the $200 billion was "silly", adding that if the US accepts China's offer to import more goods, Trump can "claim mission accomplished and turn the page".

"Stay tuned!" Trump said in a Twitter message.

This week's meetings follow U.S. "The more we can work things out, the better it's going to be not just for USA and China, but for the entire world economy", he said.

Global shares were mixed in muted trading Tuesday amid continuing uncertainty over trade tensions between China and the U.S. Investors were watching for U.S. retail sales data due out later in the day. Given his past vows to stop the flow of U.S.jobs to China and crack down on what he says are unfair trade practices, Trump's tweet of concern about Chinese jobs was something of a backflip.

Simpson ties course record for Players lead, Woods scrapes into weekend
I blocked it a little bit and probably should have hit one more club, but other than that a great confidence builder for me. Woods, a two-time Players victor , started the day a whopping 14 shots back of overnight leader Webb Simpson (15 under).

WASHINGTON (AP) — In a surprising overture to China, President Donald Trump said Sunday he would help a Chinese telecommunications company get "back into business", saying too many jobs in China are at stake after the US government cut off access to its American suppliers.

ZTE should not be operating in the United States and should not have easy access to American technology, Rubio said. The U.S. forbid American companies from selling products to the company for seven years, resulting in the company announcing last week it would have to shut down major operations. US companies that export to China have seen their goods held up at China's ports amid tougher inspections. Trump appears willing to negotiate, and just over the weekend announced his intention to help Chinese electronics maker ZTE, which was on the brink of collapse after USA imposed penalties on it last month for breaking sanctions against Iran and North Korea.

Despite the US ban, the Washington Free Beacon has reported that ZTE was selling equipment to the Pentagon and Homeland Security Department.

At the Beijing talks, the Trump administration handed China a list of hard-line demands that trade experts said could make it even more hard to resolve the trade disputes.

But Democratic lawmaker Adam Schiff cautioned against being too soft on the company, saying on Twitter: "Our intelligence agencies have warned that ZTE technology and phones pose a major cyber security threat".

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