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USTR’s statement on trade talks with China in Beijing

In a rather neutral statement, the US Trade Representative detailed the discussions with China in Beijing on January 7-9. Here are what were discussed

  • ways to achieve fairness, reciprocity, and balance in trade relations between our two countries
  • need for any agreement to provide for complete implementation subject to ongoing verification and effective enforcement
  • achieving needed structural changes in China with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft of trade secrets for commercial purposes, services, and agriculture.
  • China’s pledge to purchase a substantial amount of agricultural, energy, manufactured goods, and other products and services from the United States.
  • Trump’s commitment to addressing our persistent trade deficit and to resolving structural issues in order to improve trade between our countries.

Full statement here.

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