Chinese Vice Premier Liu He is expected lead his delegation to Washington for next round of high-level trade talks with US starting this Thursday. But it’s reported that the scope of discussions have narrowed considerably recently. And China is increasingly reluctant to agree to a full trade deal as US President Donald Trump insists on.
Liu indicated that the offer to the US would not include measures that address the core issues, including intellectual property theft, forced technology transfer and subsidies on state-owned enterprises. That could be a result of interpretation of Trump’s impeachment inquiries as a sign of weakening in negotiation position.
Trump said on Friday that “We’ve had good moments with China. We’ve had bad moments with China. Right now, we’re in a very important stage in terms of possibly making a deal. But what we’re doing is we’re negotiating a very tough deal. If the deal is not going to be 100% for us, then we’re not going to make it.”