United States, Not China, to Blame for the Trade Imbalance

A U.S. trade delegation led by Treasury Secretary Mnuchin arrived in Beijing in early May to negotiate with their Chinese counterparts on a number of controversial issues. While President Trump expressed great optimism about the development of relations between the two countries at the same time, the U.S. delegation presented very tough demands, including a drastic reduction of the trade imbalance by the end of 2020, the end of subsidies to certain advanced technologies planned, and opening up even more areas to foreign investment.Hier   weiterlesen