{"id":53291,"date":"2020-08-25T14:47:00","date_gmt":"2020-08-25T11:47:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/us-china-announce-commitment-to-phase-one-trade-deal-despite-rising-tensions\/"},"modified":"2020-08-25T14:47:00","modified_gmt":"2020-08-25T11:47:00","slug":"us-china-announce-commitment-to-phase-one-trade-deal-despite-rising-tensions","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/us-china-announce-commitment-to-phase-one-trade-deal-despite-rising-tensions\/","title":{"rendered":"#US, China announce commitment to phase one trade deal despite rising tensions"},"content":{"rendered":"

“#US, China announce commitment to phase one trade deal despite rising tensions<\/strong>”<\/p>\n

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August 25, 2020 |<\/span> 7:47am <\/p>\n

\n Enlarge Image<\/p>\n

\"U.S.<\/img>
\n U.S. Trade Representative Robert Lighthizer (center) gestures as he chats with Chinese Vice Premier Liu He (right) with Treasury Secretary Steven Mnuchin<\/span>
\n AP<\/span><\/p><\/div>\n

\n The US and China voiced their commitment late Monday to carrying out their phase one trade deal, as tensions between the two global superpowers continue to escalate.<\/p>\n

The update came from Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, who released a joint statement after taking part in a scheduled video call with Chinese Vice Premier Liu He.<\/p>\n

During the call, according to their statement, the three addressed \u201csteps that China has taken to effectuate structural changes\u201d required by the trade deal, which would \u201censure greater protection for intellectual property rights, remove impediments to American companies in the areas of financial services and agriculture, and eliminate forced technology<\/a> transfer.\u201d<\/p>\n

They also \u201cdiscussed the significant increases\u201d in China\u2019s purchasing of US products, \u201cas well as future actions needed to implement the agreement.\u201d<\/p>\n

\u201cBoth sides see progress and are committed to taking the steps necessary to ensure the success of the agreement,\u201d the statement concluded.<\/p>\n

President Trump signed phase one of the deal with China in January, winding down a bitter trade war between the two countries that took place amid months of tense negotiations.<\/p>\n

In the months since, the relationship has frayed as the Communist nation has faced a wave of international scrutiny for its lack of transparency at the onset of the coronavirus outbreak.<\/p>\n

Liu released a statement on the meeting which was published by China\u2019s state-run Xinhua News<\/a> Agency, in which he said both sides had \u201ca constructive dialogue on strengthening bilateral coordination of macroeconomic policies and the implementation of the phase-one trade agreement.\u201d<\/p>\n

Over the weekend, President Trump said he had canceled a meeting scheduled for Saturday on reviewing the phase one trade deal, citing their handling of the novel virus.<\/p>\n

\u201cI postponed talks with China,\u201d Trump told reporters last Tuesday at a border event in Yuma, Arizona. \u201cYou know why? I don\u2019t want to deal with them now. I don\u2019t want to deal with them now. With what they did to this country and to the world, I don\u2019t want to talk to China right now.\u201d<\/p>\n

Still, the administration\u2019s top trade negotiators managed to sit down with their Chinese counterpart Monday to review the progress of the first phase of the deal.<\/p>\n

White House Chief of Staff Mark Meadows said at the time that despite the postponement of that meeting, top trade advisers would continue to engage with the Chinese Communist Party.\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#US, China announce commitment to phase one trade deal despite rising tensions” August 25, 2020 | 7:47am Enlarge Image U.S. Trade Representative Robert Lighthizer (center) gestures as he chats with Chinese Vice Premier Liu He (right) with Treasury Secretary Steven Mnuchin AP The US and China voiced their commitment late Monday to carrying out their…<\/p>\n","protected":false},"author":1,"featured_media":53292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[58224,32648],"class_list":["post-53291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-china-announce-commitment-to-phase-one-trade-deal-despite-rising-tensions","tag-us"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/53291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=53291"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/53291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/53292"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=53291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=53291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=53291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}