Washington, Beijing lay ground for trade deal talks; China buys U.S. soybeans
Source: Reuters
Business News
September 12, 2019 / 3:39 AM / Updated 19 minutes ago
Stella Qiu, Chris Prentice
5 Min Read
BEIJING/WASHINGTON (Reuters) - The United States on Thursday welcomed China’s renewed purchases of U.S. farm goods while maintaining the threat of U.S. tariff hikes as the world’s two largest economies prepared the ground for talks aimed at breaking the logjam in their trade war.
Lower-level U.S. and Chinese officials are expected to meet within days in Washington ahead of talks between top trade negotiators in early October, seeking to ease a dispute that for more than a year has rattled financial markets and fueled fears of a global recession.
Top-level negotiators last met face-to-face in China in July.
Washington is pressing China for an end to policies and practices including industrial subsidies and forced technology transfer. Meeting those demands would require structural change that it is unclear China would be willing to undertake.
Read more: https://www.reuters.com/article/us-usa-trade-china/washington-beijing-lay-ground-for-trade-deal-talks-china-buys-u-s-soybeans-idUSKCN1VX0NJ?il=0
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We the American public are witnessing / and feeling how two countries are at a whim can fuck people over for a political gain.......................
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