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27 Feb 2019
USTR Lighthizer: Too early to predict outcome of U.S.-China trade talks
In a written statement to the House Ways and Means Committee, U.S. Trade Representative Lighthizer said it was too early to predict the outcome of the U.S. - China trade talks.
Key quotes (via Reuters)
- Any new agreement with China must be enforceable.
- More China purchases are ‘not enough for a deal’.
- New rules wanted on China IP, technology transfer.
- An agreement might be able to turn the corner on the U.S.-China trade relationship.
- Much still needs to be done to reach agreement with China.