Trump to Meet with China's Chief Trade Negotiator

Is This the End of the WTO as We Know It

Chinese officials are resistant to the wholesale changes sought by the United States and the charges against Huawei - one of China's biggest and most successful technology firms - have added to the political tensions. The White House reiterated its threat to raise tariffs by March 1, unless a "satisfactory outcome" is reached.

Philip Levy, senior fellow at the Chicago Council on Global Affairs and an economic adviser in President George W. Bush's White House, said the idea of a climactic one-on-one meeting with Xi "plays very much to President Trump's vision of himself as a master negotiator".

Trump also said a final deal probably won't be finalized until he and Chinese President Xi Jinping meet again.

The confusion was clarified a couple hours after the Oval Office scene, with a White House official saying the "Chinese will purchase 5 million MT of soybeans", using shorthand for metric tons.

Trump said he did not think he would need to extend a March 1 deadline for raising USA tariffs on Chinese goods if no deal is made.

USA officials have demanded that Beijing make deep structural changes to its industrial policies, including broad new protections for American intellectual property and an end to practices that Washington has said force U.S. companies to transfer technology to Chinese firms in exchange for market access.

The US complaints on technology transfers, intellectual property protections and accusations of Chinese trade-secrets theft were used by Mr Trump's administration to justify punitive tariffs on US$250 billion worth of Chinese imports.

'We're trying to work out a new trade deal with China.

Facebook paid teenage users to install a VPN that spies on them
Asked about it by The Associated Press, Google said it had disabled the app on Apple devices and apologized for its "mistake". If the app sounds familiar it's because Facebook has tried this before, only using a more legitimate route.

It will be hard for both sides to a strike a timely deal that addresses the most hard structural issues, according to Marie Kasperek, deputy director of global business and economics program at Atlantic Council. China has in the past walked away from similar MOUs after a period of time.

He called the discussions a "very comprehensive transaction". "All of the many problems are being discussed and will be hopefully resolved", he wrote.

People familiar with the talks and trade experts watching them say that, so far, there has been little indication that Chinese officials are willing to address core United States demands to protect American intellectual property rights and end policies that Washington says force United States companies to transfer technology to Chinese firms.

Brilliant said it will be positive if the March 1 deadline is delayed but significant progress is made. -China trade truce comes to an end, some in the American business community have expressed concerns that many questions remain on whether the two countries can make enough progress before the early-March deadline lapses.

No specific plans for a meeting with Mr Xi were announced, but Mr Trump said there could be more than one meeting.

Seen as counter-balancing Navarro's hardline stance, this former Goldman Sachs executive, 56, supports free trade and offers a more moderate voice on China.

Lighthizer led the two days of negotiations in Washington with Liu, the highest-level talks since Trump met Xi on December 1 and declared a 90-day trade truce.

"The best hope for getting a deal is a face-to face-meeting" between the two leaders, said Brookings Institution China scholar David Dollar. But it will likely take a meeting of the presidents to break the deadlock, said Derek Scissors, a China expert at the American Enterprise Institute. "That's why I tend to think both sides will do something and find a way to keep talking".

Related News:

  • See the Chicago River Freeze and 'Smoke' Amid Frigid Winter Weather

    See the Chicago River Freeze and 'Smoke' Amid Frigid Winter Weather

    A siren got stuck, contributing to the bedlam. "They're snuggled in, warm and toasty ". "You could see the look on their faces". As of Thursday morning, about 1,700 flights in and out of Chicago's airports had been cancelled over the previous 24 hours.
    Trump slams USA  intelligence chiefs as 'passive and naive' on Iran

    Trump slams USA intelligence chiefs as 'passive and naive' on Iran

    When declaring he was immediately going to pull the U.S. out of Syria , the president claimed the U.S. has defeated ISIS . It was not the first time the president has split with senior intelligence officials on national security assessments.
    Trump said firing Flynn would end 'Russia thing,' Christie writes

    Trump said firing Flynn would end 'Russia thing,' Christie writes

    "Where do you think the wheels came off during the shutdown?" host Stephen Colbert asked on " The Late Show " Tuesday. Because sometimes in politics, things don't go the way you expect.
  • Venezuela: Widespread protests demand Nicolas Maduro step down

    Venezuela: Widespread protests demand Nicolas Maduro step down

    Millions of Venezuelans have fled the country, and Maduro has shown little tolerance for opposition-led protests. The tariffs have been placed in order to try and put pressure on ousting President Nicolas Maduro from power.
    Trump Administration Accepts Guaido Ally as Venezuela Envoy in U.S.

    Trump Administration Accepts Guaido Ally as Venezuela Envoy in U.S.

    Last year, Maduro was re-elected in what the US called "a sham election", which the European Union said was neither free nor fair. However, processing global financial transactions will be a challenge, without going through the U.S. or European banks.
    U.S.  charges Huawei with stealing trade secrets and violating sanctions

    U.S. charges Huawei with stealing trade secrets and violating sanctions

    A 13-count indictment was unsealed Monday in NY charging Huawei , two of its affiliates and a top executive at the company. The US said it would proceed with her formal extradition , a move certain to ratchet up tensions with China.
  • Mother Dies in 'Heartbreaking' NYC Subway Fall

    Mother Dies in 'Heartbreaking' NYC Subway Fall

    Her daughter, Rhylee, survived. "I don't know, maybe she was starting to feel faint", her mom, Tamika Goodson, told the Post . Only about a quarter of the subway system's 472 stations have elevators, and the ones that exist are often out of order.
    Chicago Faces Extreme Temperatures More Frigid Than Antarctica

    Chicago Faces Extreme Temperatures More Frigid Than Antarctica

    But despite earlier predictions of up to 2 inches of snow, the latest forecasts show Atlanta won't get any accumulation. About 220 million people - or 75 percent of the USA population - will endure below freezing temperatures this week.

    Washington declares public health emergency after measles outbreak of mostly unvaccinated children

    Here's the place on the state Department of Health website to find the latest news , including updated numbers of confirmed cases. The governor of Washington declared a state of emergency on Friday after 26 cases of measles erupted in Clark and King counties.
  • Live Snow hits Devon and Cornwall

    Live Snow hits Devon and Cornwall

    At around 8.15pm on Thursday, the force tweeted: "We have further reports of vehicles stuck on the #A39 in #Cornwall due to snow". Today, Yorkshire will see "Freezing fog patches clearing slowly, otherwise cold with sunny spells", the Met Office said.
    Washington state declares state of emergency following measles outbreak

    Washington state declares state of emergency following measles outbreak

    The disease is contagious from approximately four days before the characteristic rash appears to four days after the rash appears. The tragedy is that the deadly disease and its consequences are nearly 100 percent preventable if the population is vaccinated.

    Bradley Cooper and Lady Gaga Reunite for a Surprise "Shallow" Performance

    Meanwhile, in a recent interview, Gaga said , "That would be a tremendous honor to perform that song at the Oscars ". A Star Is Born tells the tragic love story of ME , played by Cooper, who helps Gaga's struggling artist Ally .


Most liked

LeBron James Won't Play For The Lakers On Thursday Against The Clippers
Shortly after those comments, a Lakers spokesman revealed LeBron would not be available, say ESPN . Stop me if you've heard this one before, but the Lakers had a hard time taking care of the ball.

Kyrie Irving Reportedly Interested In Reuniting With LeBron James
An Irving, Davis and James team will be a formidable one which can surely challenge the dominance of the Golden State Warriors. Come hell or high water, Anthony Davis is going to end up in Los Angeles playing for the Lakers with LeBron James.

US launches plan for asylum seekers to wait in Mexico
Mexican officials have maintained they had nothing to do with the policy, calling it a unilateral decision by the United States. They have also raised concerns that applicants sent back to Mexico will not have access to proper legal counsel in US courts.

Some districts cancel class ahead of Wednesday's cold temps
All Minneapolis Community Education evening classes and all athletic and school-sponsored activities are also canceled. Some Stateline school districts are already making long-term arrangements in anticipation of severe weather.

How to watch the 2019 Super Bowl
In return, an emotional Garcia described the chance to go to the game with his son as a "dream come true". Click through the slideshow below to see which celebrities are New England Patriots fans...

Canadian Gay Serial Killer Pleads Guilty to Eight Counts of Murder
McArthur is scheduled to appear in Ontario's Superior Court of Justice in downtown Toronto at 9:30 a.m. on Tuesday morning. Hank Idsinga said the McArthur probe was the largest forensic examination in the force's history.

The Rock And Becky Lynch Tease A Dream Match
In what has been a stellar few days for the WWE Universe, the Royal Rumble changed the landscape of the WWE forever. The former NXT Champion said that she messed up her elbow really bad, and she has to have immediate surgery.

5 police officers injured in Houston, Texas shooting
All the officers were taken to Memorial Hermann-Texas Medical Center in Houston , with two of them transported by helicopter. Houston Police confirmed that a suspect has been killed, and the department is still looking for possible other suspects.

SHEFFIELD SNOW ALERT: Met Office weather warning issued for city
Accumulations of 1-3 cm are likely quite widely, with accumulations of 5 cm in places. Winds of up to 60mph are forecast inland - and 70mph along the coast.

Trump AG pick says he's discussed Mueller probe with Pence
Mueller will submit his report to Whitaker unless he has been replaced as attorney general by then by Bill Barr , who has been nominated to the post by Trump but not yet confirmed by the Senate .

Howard Schultz's potential 2020 bid gives Democrats a double shot of unease
Hundreds of unverified accounts have also responded to each of these tweets and Schultz's announcement by calling for a boycott. Now I have never been a partisan guy - and it's no secret that I looked at an independent bid in the past.

Anthony Davis tells Pelicans he won't re-sign
Meanwhile, New Orleans has not expressed any interest in trading him before the February 7 trade deadline. The 6-foot-10, 235-pound Davis was the first overall pick in by the then-New Orleans Hornets in 2012.

Virat Kohli praises Hardik Pandya for putting controversy behind, focusing on game
But after Latham was dismissed for 51 it ignited a collapse in which the last six wickets fell for only 52 runs. Quick bowlers Bhuvneshwar Kumar and Mohammed Shami once again got early wickets.

Tom Brady says there's 'zero' chance he'll retire after Super Bowl
The 5-foot-8, 181-pound Robey-Coleman had a very explicit way to explain how the Rams would do against the Patriots in Super Bowl 53.

Manchester United vs Burnley
You could see the quality when I was there towards the end of my time at the club. "But he does really want to be part of it". "I don't think the fact they're a good side has changed, and I'm certainly not questioning Jose Mourinho ".