Policy Update: U.S. - China Trade Negotiations

Coming into these talks, the U.S. delegation was expected to continue pushing for changes that roughly fall into three “buckets” – increased purchases of U.S. commodities, Chinese policy changes to address structural concerns raised by the United States (such as intellectual property theft, cyber-hacking and industrial policy), and specific mechanisms to hold China accountable for meeting specific commitments. Of those areas, the first area (increased purchases of commodities) was both the easiest issue to resolve and the area in which the Chinese have been most willing to offer concessions. Verification and monitoring are considered the most difficult.

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