Thought I'd do a "where we at?" on the US - China trade negotiations ahead of China about to kick off for Friday and likely more news flow on the use through the session.
In summary then, the latest:
- negotiators continued talking on Thursday in Washington
- agreements are being sketched out, yesterday brought news of 6 potential MOUs being drafted encompassing Chinese reforms
- negotiators have slowed this week as more detailed issues are worked on (US requirements for Chinese structural changes and enforcement mechanisms.
- Chinese Vice Premier Liu He is said to meet with US President Trump on Friday afternoon
What'd I miss?
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The clock is ticking ….
the current deadline is March 1
if no agreement the US could impose increased tariffs on $200 billion worth of Chinese imports, from 1.% to 25%