White House adviser urges patience in U.S.-China trade talks By Reuters

White House adviser urges patience in U.S.-China trade talks By Reuters

WASHINGTON (Reuters) – White House adviser Peter Navarro on Tuesday called for investors, the public and others to be patient ahead of key U.S.-China trade negotiations planned for next month between top officials in Washington.
“If we’re going to get a great result, we really have to let the process take its course,” Navarro said in an interview on CNBC.
Republican U.S. President Donald Trump has spent more than two years seeking a trade deal with China after hammering Beijing on the campaign trail and promising sweeping changes. He has imposed stiff tariffs on Chinese imports that have roiled global markets as his administration pursues leverage in negotiations, prompting China to retaliate with its own duties.
Intellectual property protection, the forced transfer of U.S. technology to Chinese firms, American companies’ access to China’s markets and industrial subsidies are all key issues in the talks, which are set to resume in Washington in October with top officials after lower-level discussions in mid-September.”In the meantime, we need to be patient with the China negotiations,” Navarro told CNBC.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Source link