U.S. and China agree to restart trade negotiations following meeting between Trump and Xi...
Story Date: 7/1/2019

 

Source: David J. Lynch and Damian Paletta, WASHINGTON POST, 6/29/19

President Trump’s decision Saturday to relax limits on Chinese telecommunications giant Huawei and to delay new tariffs on Chinese goods may revive stalled trade talks with Beijing, but it leaves negotiators confronting the same tough issues that derailed negotiations in early May. Trump’s move — which came in a meeting with Chinese President Xi Jinping at the Group of 20 summit in Japan — was welcomed by business groups that have been hurt by multiple rounds of tariffs on Chinese goods and feared greater damage if the president proceeded with plans to tax a further $300 billion in imports.

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