7/31/2019

CHINA/ECONOMY/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “American and Chinese negotiators finished talks on Wednesday [7-31-19] with little progress toward ending a trade war that has shaken the world’s economic confidence and rattled markets. Treasury Secretary Steven Mnuchin and Robert E. Lighthizer, the Trump administration’s top trade negotiator, were seen leaving trade talks in Shanghai on Wednesday, the Chinese state news media said. Both sides ‘conducted frank, efficient and constructive in-depth exchanges on major issues of common interest in the economic and trade field,’ said a statement late in the day that was released by CCTV, China’s state broadcaster. The White House press secretary, in a statement released Wednesday morning, called the talks ‘constructive’ and said negotiations were expected to continue in Washington in early September.”

Alexandra Stevenson, “U.S.-China Trade Talks End With No Deal in Sight,” The New York Times online, July 31, 2019