‘Good vibe’ US-China trade talks followed by soybean purchases
Trump’s optimism about prospects for a deal is tempered by trade watchers who question how much progress was made on Washington demands for structural policy changes
Washington — The US-China trade talks last week had a “good vibe” with much work remaining, White House economic adviser Larry Kudlow says as China followed through on a pledge to increase soybean purchases with orders of at least 1-million tons. But US President Donald Trump’s optimism about prospects for a deal was tempered by China trade watchers, who questioned how much real progress was made on core US demands for structural policy changes in China. Trump said on Thursday he will meet Chinese President Xi Jinping, perhaps twice, in the coming weeks to try sealing a comprehensive trade deal with Beijing, but acknowledged it is not yet clear whether a deal can be reached. Kudlow, who participated in the talks as the director of the White House’s National Economic Council, said China’s engagement on core issues such as US complaints of Chinese policies that force the transfer of technology was far more extensive than in previous talks. The talks “had a good vibe, they covered a lo...
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