Reuters: Exclusive: China backtracked on almost all aspects of U.S. trade deal - sources
WASHINGTON/BEIJING (Reuters) - The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world’s two largest economies, according to three U.S. government sources and three private sector sources briefed on the talks.
The document was riddled with reversals by China that undermined core U.S. demands, the sources told Reuters.
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WNU Editor: My Chinese contacts have been telling me the same thing since last year .... Trump claims China holding out on trade talks for Biden or other 'very weak' Dem president (Politico). This analysis is also spot on .... Here's Why The China Trade Deal Fell Apart (Zero Hedge). And yes, this is the real surprise .... "...the real surprise is that it took Trump this long to blow it up".
More News On The U.S. - China Trade War
U.S. to hike tariffs on $200 billion worth of Chinese imports: Federal Register -- Reuters
US President Donald Trump repeats plan to keep tariffs on Chinese imports -- SCMP
US tariff hikes show its 'frustration at being unable to browbeat China' -- France 24
US demand that China commits to reforms in writing threatens to scupper trade talks -- SCMP
Trump: Chinese trade officials coming to US 'to make a deal' -- AFP
Top Chinese official plays down trade tensions with US -- The Hill
China reverses on key parts of US trade deal: report -- The Hill
‘No more concessions’. Why is China playing hardball in trade war talks with the United States? -- SCMP
3 comments:
There was no more disappointed party to the Mueller report conclusion than China...guess who's going to be pulling for Biden:)
Concerted efforts by Chinese and north Koreans to make him look bad. I'm sure the media and leftists will side with them an cheerfully sing Russian anthem. They wouldn't know the difference if you told them.
A bad development, but I am glad we have on record their striking out of the agreements which were in discussion for months. It's on China. Am now concerned that China will step up efforts to close up their stated possessions.
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