On Monday, US Trade Representative and Treasury Department issued a joint statement in response to China’s “White Paper” on trade negotiations. The statement criticized China for pursuing a “blame game misrepresenting the nature and history of trade negotiations between the two countries.” And, all started with “unfair trade practices that China has engaged in for decades, which have contributed to persistent and unsustainable trade deficits”
They also hit back on China’s claims and noted “our insistence on detailed and enforceable commitments from the Chinese in no way constitutes a threat to Chinese sovereignty.” They emphasized that “the issues discussed are common to trade agreements and are necessary to address the systemic issues that have contributed to persistent and unsustainable trade deficits.”
