WASHINGTON (AP) — U.S. and Chinese negotiators ended two days of meetings Thursday without breaking a deadlock over trade that has unnerved financial markets and disrupted global commerce.
The delegations “exchanged views on how to achieve fairness, balance and reciprocity in the economic relationship,” Lindsay Walters, a White House spokeswoman, said in a statement. She did not mention further talks.
A Chinese Commerce Ministry statement said the talks were “constructive and frank” but gave no details. It said the two sides would “maintain contact.”
The dispute over China’s high-tech industrial policy escalated Thursday as the Trump administration and Beijing imposed taxes on an additional $16 billion of each other’s goods. The administration last month had slapped tariffs on an initial $34 billion in Chinese products, and Beijing responded in kind.
The Trump team is preparing tariffs on $200 billion more of Chinese products, and China has vowed to counterpunch by targeting $60 billion in American goods.
The U.S.-China talks this week were the first since discussions in June failed to produce any agreement.
The Trump administration accuses China of using predatory tactics to obtain American technology, including forcing U.S. companies to hand over trade secrets in exchange for access to the Chinese market.
Another old fool dotard fu^k up…He does nothing but destroy…he never builds.
So if Donald’s dumb shit sends the markets in a nose dive and if like Bush he and Republicans do nothing to fix it I wonder if that will wake people up to vote D again. GD why do we constantly have to go through this cycle?
And not directly related to this, but I don’t understand why Republicans always want to cut Social Security when it’s pretty much paid for through income taxes and it will probably hurt their older voters that live off SS. Yeah I know they have stolen from SS to reduce the debt but still. And same if they gut Obama care. It’s really going to screw over a lot of voters.
Dotard once again has it completely wrong. The stock market will collapse if he’s NOT impeached.
tRump and his faux bunch of brain-dead economic advisors have no idea what the fuck they are doing. Now even Jo-Ann Fabrics is getting in on fighting these tariffs. Jo-Ann Fabrics! Not something that immediately comes to mind when you think of tariffs, but makes perfect sense. tRump is pissing off a lot of industry heads. This will not end well for anyone. Totally self-inflicted bullshit.
https://www.chron.com/news/world/article/JOANN-Fabric-creates-online-petition-over-tariffs-13177564.php
Feed the rich, starve the poor.
Republicans have always been Robin Hood In Reverse, funneling money to the wealthy by stealing from the those at the bottom to pay back the kleptocratic donor class and provide for their own enrichment.
tRump and the GOP Slogan:
