US and China Ministerial trade negotiations for the first time in two months Oct. 10:56
As the impact of trade friction between the United States and China spreads to the global economy, the US and China governments will conduct a ministerial trade negotiation in Washington for the first time in approximately two months. The Trump administration plans to raise the tariff, which is added to about half of China's imported goods, to 30% on the 15th of next week.
The US and China governments have been conducting ministerial trade negotiations in Washington for the first time in two months since the 10th. The US side will be attended by Trade Representative Wright Heiser and Treasury Secretary Mnushin, and the Chinese side will be Deputy Prime Minister Liu Tsuru.
Negotiations focus on whether there has been progress, such as a prior agreement in some areas, such as China's increased imports of American agricultural products.
However, there are strong opinions among the US government and parliamentarians in the parliament that they should aim to conclude a comprehensive negotiation that includes China's response to infringement of intellectual property rights.
As the effects of trade friction between the United States and China spread to the global economy, the Trump administration will increase the 25% tariff, which has already been added to $ 250 billion, about half of China's imports, to 30% next week. It is a policy to raise.
The negotiations are drawing attention as to whether the two sides can walk together and avoid the launch of additional tariffs by the United States.