US, China set to resume trade talks after six weeks of wrangling

US, China set to resume trade talks after six weeks of wrangling

October 20, 2021 Comments Off on US, China set to resume trade talks after six weeks of wrangling By admin

China and the United States are set to rejoin negotiations on a Trans-Pacific Partnership trade pact after six days of wrangles.

The US, the world’s biggest exporter, and China have been at loggerheads over the trade pact since Trump announced his presidential bid last year.

But Trump, a Republican who has a habit of tweeting on the sidelines of events, has not yet said he intends to sign the pact, despite repeated promises to do so.

It is the latest development in a dispute that has roiled US and global economic politics for the last six weeks.

China has been pressing for a more liberal interpretation of US trade law to allow more countries to open their markets to foreign goods and services.

Trump, who has repeatedly criticised China, has been a vocal critic of Beijing’s currency manipulation, a crackdown on intellectual property rights and a clampdown on political dissent.

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