TRADE AGREEMENT BETWEEN CHINA AND THE UNITED STATES MAY BE IN JEOPARDY

ТОРГОВОЕ СОГЛАШЕНИЕ МЕЖДУ КИТАЕМ И США МОЖЕТ ОКАЗАТЬСЯ ПОД УГРОЗОЙ СРЫВА

While the parties avoided the controversial issues in the negotiations, but in December the rates replaced the summit in Chile, where the presidents of the United States and China had to sign the agreement.

During the talks between US trade representative Robert Latinarum, the Minister of Finance Steven by Mucinum and Vice-Premier of China, Liu Xe has concluded an agreement to increase efforts on both sides to reach a compromise that would prevent the new rates.

Although some of the points regarding intellectual property have been clarified, a number of points that Donald trump intends to include in the first part of the agreement, including agricultural procurement, remain a stumbling block.

However, Hu Shijin, editor of the state newspaper Global Times says that in China, few believe that the agreement will be signed. China is prepared for a prolonged trade war.

Until the end of the year is unlikely to be a personal meeting between the presidents of the two countries.Liu Heh can obtain the powers of a special envoy to the signing of the agreement.

Trump wants Beijing pledged to double its purchase of agricultural goods.Beijing also advocates the abolition of extra tariffs.

Scott Kennedy, an expert on economic relations, Centre for strategic and international studies in Washington believes that signs of progress in the talks will calm the market, however, will not help to solve important issues such as industrial subsidies in China.

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