News

Chief trade negotiators from US, China hold candid exchange

October 9, 2021 10:46 AM


Twitter Share Facebook Share WhatsApp Share

US Trade Representative Katherine Tai spoke with Chinese Vice Premier Liu He on Friday evening to discuss Chinese commercial practices that Washington deems unfair.

"During their candid exchange, Ambassador Tai and Vice Premier Liu acknowledged the importance of the bilateral trade relationship and the impact that it has not only on the United States and China but also the global economy," the USTR said in a statement.

This was the second consultation between the two countries' chief trade negotiators after relations were seriously damaged under former US president Donald Trump. The two last spoke in May.

Friday's talk was "an opportunity for the United States and China to commit to forging a trade relationship that is managed responsibly," a USTR official said on condition of anonymity.

Tai underscored US concerns "relating to China's state-led, non-market policies and practices that harm American workers, farmers and businesses," the USTR said.

The Biden administration says China's massive state subsidies for national companies, intellectual property theft and other factors create a heavily uneven playing field in trade.



Most Read

  1. 20 passengers perish in Chilas bus plunge 20 passengers perish in Chilas bus plunge
  2. Daughters defend Bushra Bibi Daughters defend Bushra Bibi
  3. Pakistani-origin woman laid off by Elon Musk gives emotional reaction Pakistani-origin woman laid off by Elon Musk gives emotional reaction
  4. Pakistan's historic moon mission aboard China rocket blasts off Pakistan's historic moon mission aboard China rocket blasts off
  5. And they lived happily ever after! Ishq Murshid's last episode sparks joy among fans And they lived happily ever after! Ishq Murshid's last episode sparks joy among fans
  6. Hum Style Awards 2024 nominations out Hum Style Awards 2024 nominations out

Opinion

  1. PM Shehbaz Sharif, WEF and Pakistan
    PM Shehbaz Sharif, WEF and Pakistan

    By Naveed Aman Khan

  2. Employing global best practices in Pakistan-Saudi ties
    Employing global best practices in Pakistan-Saudi ties

    By Nasim Zehra

  3. PML-N smashed PTI in by-polls
    PML-N smashed PTI in by-polls

    By News Desk

  4. Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity
    Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity

    By News Desk

  5. Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  
    Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  

    By Manzoor Qadir

  6. Legacy of Indian military subjugation in Kashmir
    Legacy of Indian military subjugation in Kashmir

    By Dr Ghulam Nabi Fai