The White House says progress has been made in Sino-US trade talks this week.
if you are interested in it ,
Get free samples :sales@edabearings.com
"We expect greater progress. I can't give details, but this trade consultation is larger and broader than any previous trade consultation between China and the United States, and there is some optimism, "Kudrow said at the American Chamber of Commerce.
Kudrow acknowledged that there were still problems to be solved, and the Trump administration would focus on measures to make China comply with its reform commitments, combat intellectual property theft and compulsory technology transfer, and reduce tariff and non-tariff barriers.
U.S. Trade Representative Letterheiser, Treasury Secretary Nuchin and Vice Premier Liu He of the State Council will continue trade talks Wednesday, just days after the two sides said they had made progress in last week's talks in Beijing.
The American Chamber of Commerce believes that there is an increasing opportunity for the United States and China to reach an agreement to end the nine-month-long tariff war. The American Chamber of Commerce is the largest and most influential business lobby.
Since July 2018, the United States and China have imposed tariffs on hundreds of billions of dollars in two-way trade, raising costs and disrupting supply chains and global markets.
The US President Trump Administration is pressing Beijing to meet a long list of requirements that will rewrite trade terms between the two countries, including changes in China's intellectual property protection, technology transfer, industrial subsidies and other trade barriers.
When Trump met with NATO Secretary-General Stoltenberg at the White House on Tuesday afternoon, he reiterated that the trade negotiations with China were progressing smoothly. The outside world is now quite familiar with this set of words.
Brilliant said that without significant progress on "tough" issues such as tariffs and enforcement this week, the goal of reaching an agreement this month could fall short.
PREVIOUS:Peng Chun, Chairman of the Bank of Communications NEXT:Microsoft and BMW Launch Open Production Platform