Agreement leaves unresolved Washington’s fundamental differences with Beijing, which is relying on massive government intervention in the economy.
Phase 1 pact does little to force China to make the major economic reforms – such as reducing unfair subsidies for its own companies.
Mnuchin says Beijing has made “enforceable commitments to refrain from competitive devaluation.”
Earlier punitive duties imposed by both sides on billions of dollars of each other’s goods stayed in place
Washington also agreed to postpone a planned tariff hike on US$160 billion of Chinese goods
Hot mic recording picked up a private conversation between the islands’ trade minister, Helgi Abrahamsen, and his aide during a radio interview.
Leaders are promoting electric cars, but sales are stalling because buyers are unsure the technology is mature enough.
China will buy American farm products but won’t commit to a specific dollar amount.
Investment in China’s renewable energy dropped almost 40% in the first half of 2019.
Clash could upset already thorny trade negotiations between the two nations.
Follows Beijing’s announcement of new guidelines for the protection of patents and copyrights.
Rules appear timed to help along halting progress in trade talks with the US.
Accused of bribing a luxury car dealer, now deceased, to run as a candidate.
Prospects for Trump and Xi to meet and sign a preliminary deal soon appear uncertain.
Calls out the FBI should to be more effective and consistent in warning colleges and universities.