Categories: USA

US-China talks resume with little outcome expectations

United States and China are about to have their first official in-person meeting since the G-20 truce. They may be sitting down for negotiations again, but there is little expectancy of a deal as neither side showed any urgency for a deal. The two-day meeting will begin on Tuesday in Shanghai.

This meeting is followed by a truce reached last month by President Donald Trump and Chinese leader Xi Jinping in their trade war. The expectations are set low by both sides. China is waiting for U. S’s stance on Huawei while Donald Trump believes China may hold out until the 2020 election. Donald Trump said that China is waiting for the 2020 US Presidential elections.

He said on Friday that, “I think China would probably say: ‘Let’s wait. Let’s wait. Maybe Trump will lose and we can deal with another dope, or another stiff.” Majority of the people aren’t expecting any good news from the meeting. One of them is White House economic adviser Larry Kudlow. He told CNBC that he “wouldn’t expect any grand deal” at the meeting in Shanghai.

He added, “Talking to our negotiators, I think they’re going to reset the stage and hopefully go back to where the talks left off last May.” China has shown signs that they want to stabilize the tarnished relationship by promising to repurchase American agricultural products. Chinese state media Xinhua reported on Sunday that millions of tons of U.S. soybean have been shipped to China since July 19.

The media outlet also reported that various Chinese companies have inquired to U.S. suppliers past week for purchasing new products like cotton, pork, soybeans, etc. China is expecting U.S. to reciprocate the gestures and lift the restrictions off from telecommunication giant Huawei which had been blacklisted by U.S. since May.

Gabriella Remillard

Staff writer for the Chicago Morning Star

Recent Posts

Senate Democrats mock Biden for selling weapons to Israel

Some of President Biden's strongest Senate allies are calling on Israelis to end months of fierce fighting and criticizing the…

11 months ago

The biggest cities in Ukraine are struck by Russian missiles, leaving at least 4 dead and over 100 injured

Ukraine's KYIV — At least four people were killed and nearly 100 injured when Russian hypersonic ballistic missiles attacked Ukraine's…

11 months ago

Good News That’s Much Needed for Biden

The economy is making Americans feel a little more upbeat, especially when it comes to jobs and incomes, which could…

12 months ago

College Ventilation System Reveals Missing Man

The discovery of a decaying body inside a college ventilation system marked the tragic and unexplained end to a missing…

12 months ago

Following three Palestinian shots, a Vermont man was arrested

Following the shooting deaths of three 20-year-old Palestinian-American students in Vermont, authorities have detained a man. According to a news…

12 months ago

China is told to cease “COVID deception” due to the pneumonia outbreak by the US envoy

The United States ambassador to Japan, Rahm Emanuel, urged Chinese authorities "to abandon COVID deception" and demanded that China be…

12 months ago

This website uses cookies.