As the trade war intensifies, Chinese subsidies for homegrown industries present a difficult obstacle to reaching a deal.
Tag: World Trade Organization
U.S.-China Trade Talks Face Big Obstacle: Ensuring That Promises Are Kept
American negotiators, worried that Beijing will drag its feet on sticking to the provisions of a deal, want a way to punish failures to comply. Their Chinese counterparts may not go along.
Europe and U.S. Agree on Chinese Threat, but Are Too Busy Feuding to Fight It
America and Europe have similar concerns about Chinese economic expansionism. But they have been unable to define a strategy when they are also fighting each other.
U.S.-China Trade Truce Gives Both Sides Political Breathing Room
But the compromise reached by President Trump and President Xi Jinping offers few promises of policy changes, and it sets a tight deadline of March 1.