Equality, sincerity key to resolving stalled trade talks

0 Comment(s)Print E-mail China Daily, June 24, 2019
Adjust font size:
Laptops made in China are on sale at a Best Buy store in New York, the United States, on March 22, 2018. [Photo/Xinhua]

Dialogue and consultation based on an equal footing and sincerity, instead of tariffs, are the only effective ways to break the impasse in China-U.S. trade talks, experts said.

Their words came as top leaders of China and the United States are scheduled to meet during the upcoming G20 summit.

Wei Jianguo, vice-president of the China Center for International Economic Exchanges, said: "China and the U.S. need to further align their interests and resolve their differences through mutually beneficial dialogues and consultations. Both sides need to show sincerity in future talks."

Tariffs only harm the interests of both countries' companies and consumers, and weaken global economic prospects, Wei said.

"Globalization is an irreversible trend," said Sun Xuegong, director of the Economic Research Institute of the National Development and Reform Commission's Academy of Macroeconomic Research.

Sun said he hopes the U.S. government can realize that globalization is based on objective laws, and that Washington can respect facts and get back on track with China to pursue win-win results.

Dong Yan, director of the International Trade Office at the Chinese Academy of Social Sciences' Institute of World Economics and Politics, said it is a prerequisite that negotiators treat each other equally during talks, as any trade deal needs to address the concerns of both parties.

China's solid progress in its reform and opening-up is exemplified by the adoption of the Foreign Investment Law and a further widening of market access, Dong said.

The U.S. government should not ignore such progress that China has made and keep putting pressure on the country, Dong added.

Washington has been threatening to impose additional tariffs on a further $300 billion worth of Chinese imports.

U.S. Trade Representative Robert Lighthizer said last week: "If there's a better idea than tariffs I'd like to hear it. I haven't heard it."

Lighthizer made the remark in response to a question during a Senate Finance Committee meeting about what the U.S. government's strategy would be if trade talks with China collapse.

Zhou Mi, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation, said the cost of imports into the U.S. is bound to rise if the U.S. government increases levies on more Chinese goods.

Zhou said major adjustments of the existing global division of labor cooperation can influence the quality of products, and prices will surge.

"It will greatly increase costs for U.S. consumers, and they may have to choose products of lower quality but higher prices," the expert said.

The U.S. Council for International Business said its members are concerned that the U.S. proposed tariffs "will stifle the U.S. economy".

"The imposition of yet another set of tariffs would affect many sectors vital to the U.S. economy and jobs, thus severely impacting consumers and U.S. competitiveness," said the business group in written comments recently submitted to the U.S. Trade Representative office.

Some U.S. business owners recently expressed concerns over the U.S. government's tariff moves targeting China. Heather Shepardson, CEO of importer Rauch Industries Inc, said about three quarters of its glass Christmas ornaments from abroad come from China.

"No other country has the capacity to manufacture the broad array of ornaments currently made in China, and certainly not at the price points that most Americans can and are willing to accept," She said, adding that a tariff of up to 25 percent is "unfathomable for me and my colleagues in our industry", most of which are also small businesses.

The company of Thomas Harman, founder and CEO of privately run Balsam Brands, deals in artificial Christmas trees that require labor-intensive production and are "almost exclusively made in China".

"Imposing tariffs on artificial Christmas trees could be poorly received by American consumers given the importance of the Christmas tree in holiday celebrations and traditions," he said.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 精品无码久久久久久尤物| 毛片手机在线观看| 精品精品国产高清a毛片| 国产日韩欧美综合一区| 一边摸下面一别吃奶| 日本高清黄色片| 亚洲AV无码乱码麻豆精品国产| 欧美综合图片一区二区三区| 国产v精品成人免费视频400条 | 果冻传媒91制片厂| 亚洲国产老鸭窝一区二区三区| 狠狠色噜噜狠狠狠狠97俺也去| 十七岁免费完整版bd| 老司机深夜福利影院| 国产免费久久久久久无码| 韩国一区二区视频| 国产精品国产三级在线专区| 91制片厂果冻传媒白晶晶| 撕开奶罩揉吮奶头高潮av | 国产成人精品曰本亚洲78| 全免费毛片在线播放| 国产精品爽爽V在线观看无码| 99久久综合狠狠综合久久| 天天操2018| youjizz欧美| 小丑joker在线观看完整版高清| 中国嫩模一级毛片| 手机在线看片你懂的| 久久99精品久久久久久不卡| 日本三级吃奶乳视频在线播放| 久久婷婷五月综合国产尤物app| 曰批全过程免费视频观看免费软件| 亚洲va久久久噜噜噜久久天堂| 欧美成人片在线观看| 六月婷婷在线视频| 精品欧美一区二区三区久久久| 哈昂~哈昂够了太多太深小说| 美女扒开屁股让男人桶爽免费| 哒哒哒免费视频观看在线www | 精品国产成人亚洲午夜福利| 午夜精品久久久久久久99热|