U.S.' Mnuchin hopes for 'productive' trade meetings in China

Adjust Comment Print

The move angered Beijing at a time when the United States and China ton are locked in a trade war and are negotiating a deal ahead of a March 1 deadline when U.S. tariffs on $ 200 billion worth of Chinese imports are expected to increase to 25 per cent from 10 per cent.

China hopes that the upcoming round of its trade negotiations with the United States will bring positive results, Chinese Foreign Ministry said on Monday.

If the two sides can not reach a deal by March 1, USA tariffs on $200 billion worth of Chinese imports are scheduled to increase to 25 percent from 10 percent.

"I could see myself letting that slide for a little while", Trump of the March 2 deadline. A round of talks at the end of January ended with some progress reported - but no deal and U.S. declarations that much more work was needed.

Beijing proposed that Trump meet Xi "around the time of the annual Boao Forum for Asia, which runs from March 26-29", but "neither the place nor the timing [of the summit] is finalized", a source told the SCMP.

Bill to create separate Russian internet gets first approval
Leonid Volkov, a Navalny aide and IT expert, said Russian Federation had tried and failed to unplug from the internet in 2014. Russian Federation and its main internet providers may be planning to disconnect the country from the internet.

Air New Zealand flight to Shanghai forced to turn back
Full disclosure: I was asking questions of Air NZ on Sunday afternoon, suspecting it may be the start of a diplomatic incident. She conceded that China and New Zealand have a "complex relationship" which has "its challenges".

Former Atlanta United star Miguel Almiron makes Newcastle United debut
Raul Jimenez and Diogo Jota were thwarted by Dubravka and Wolves sit seventh, two points ahead of Watford. Willy Boly's injury-time header earned a 1-1 draw at Molineux after Isaac Hayden's second-half opener.

"At some point, I expect to meet with President Xi, who I have a lot of respect for a like a lot, and make the parts of the deal that the group is unable to make".

"He has forged a mutually respectful relationship with President Xi", Conway said. While those purchases will provide relief to USA farmers, there has been no breakthrough on the structural issues separating the two nations, such as industrial policy, government subsidies, protection of intellectual property or forced transfers of technology.

USA campaign against Huawei faces challenge in Eastern Europe / WSJ (paywall)"In the Czech Republic, officials have taken opposite sides on how to balance security concerns raised by the US, and the country's own cybersecurity officials, with the desire for Chinese investment, trade and business opportunities". It has fast-tracked approval of a law that would ban theft of intellectual property and forced technology transfers, but the question is how much more it can compromise. The operation was the second in the South China Sea reported by the US Navy this year.

And with March 1 approaching, speculation is growing that it will be hard for negotiators to agree to the complete deal Trump demands.

Other news in the U.S. The American-side often doesn't announce such sail-bys in the South China Sea, where China's claims overlap with those of Brunei, Malaysia, the Philippines, Taiwan and Vietnam.

Comments