TRADE WARS
Chinese, US negotiators discuss trade talks timetable
by Staff Writers
Beijing (AFP) Dec 11, 2018

Top Chinese and US negotiators held telephone talks on Tuesday to exchange views on the timetable of trade talks, the Chinese commerce ministry said.

Vice Premier Liu He spoke with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer 10 days after presidents Donald Trump and Xi Jinping agreed to a trade war truce.

A 90-day deadline was set to reach an agreement, but no date has been set for the next round of talks and tensions have risen anew following Canada's arrest of an executive of Chinese telecom giant Huawei at the behest of the United States.

The commerce ministry said in a statement Liu and the US officials "exchanged views on the implementation of the consensus" reached by Trump and Xi as well as on the timetable for the next round of negotiations.

The brief statement did not provide more details.

Lighthizer said Sunday that March 1 was a "hard deadline" for the two sides to reach an agreement that would prevent an escalation of the trade war.

The world's top two economies have exchanged steep tariffs on more than $300 billion in total two-way trade, locking them in a conflict that has begun to eat into profits.

Trump has agreed to hold off on hiking tariffs to give space for negotiations.


Related Links
Global Trade News

TRADE WARS
Pioneer bought by Hong-Kong fund
Tokyo (AFP) Dec 7, 2018
Japanese electronics firm Pioneer said Friday it will become a wholly owned unit of a Hong Kong-based fund to rebuild itself in a deal worth $904 million. Pioneer, known for its audio equipment as well as car electronics systems, said Baring Private Equity Asia has agreed on a 102-billion-yen ($904 million) plan to revive the struggling Tokyo-based company. Baring will make a 77-billion-yen investment in Pioneer, along with a 25-billion-yen offer to buy existing shares from shareholders. "Th ... read more

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Navy to commission new Arleigh Burke destroyer USS Thomas Hudner

Raytheon to supply Romania with Patriot missile defense systems

Raytheon's SM-3 IIA successful in ballistic missle defense test

Aerojet Rocketdyne propulsion critical to successful intercept test for SM-3 Block IIA Missile

TRADE WARS
Northrop Grumman receives $450M for Joint Threat Emitter training

Boeing receives contract for Harpoon, SLAM-ER missile work

State Department approves HIMARS sale for Poland

Army issues contract for Hawk missile parts for foreign military sales

TRADE WARS
Using drones to simplify film animation

General Atomics tapped for French MQ-9 drone support

Logos demonstrates Redkite advanced surveillance pod

Drones offer ability to find, ID and count marine megafauna

TRADE WARS
Boeing tapped by Air Force for jam-resistant satellite comms terminals

Navy nanosatellite launch delayed for further inspection

Rockwell Collins airborne radio certified by NSA

NSA certifies Harris AN/PRC-163 radio for top secret intelligence

TRADE WARS
Contract put forward for MK80 and BLUE-109 components

Squad X Improves Situational Awareness, Coordination for Dismounted Units

Lockheed tapped for Onyx exoskeleton development, demonstrations

Lockheed Martin Secures US Army Exoskeleton Development Agreement

TRADE WARS
British middleman hauled to India over chopper scam

Egypt's Sisi opens first arms exhibition in Cairo

Slovak government clashes over largest-ever arms purchase

Finland halts arms sales to Saudi, UAE over Yemen crisis

TRADE WARS
Moscow slams US 'hysterics' over planes sent to Caracas

Russia gives ex-navy man 14 years for 'Ukraine spying'

Trump chooses new Joint Chiefs of Staff chairman, against Mattis wishes

Beijing detains Canadian as tensions soar over exec arrest

TRADE WARS
Pitt chemical engineers develop new theory to build improved nanomaterials

Artificial synapses made from nanowires

How microscopic machines can fail in the blink of an eye

Stealth-cap technology for light-emitting nanoparticles