Little Progress Made As US And China Wrap Up 6th Round Of Trade Talks [zero hedge]
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
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Source: zero hedge
Following what was, by the FT's count, the sixth round of cabinet-level trade negotiations since the trade war erupted last year, it appeared that little progress had been made this week, as the US has reportedly been frustrated by China's unwillingness to offer concessions on the structural reforms that the US has demanded.According to the FT, Chinese officials this week promised to deliver a full accounting of government subsidies, in accordance with WTO rules, but US officials are skeptical of this commitment. Meanwhile, Robert Lighthizer and his team have reportedly pushed back against a possible deadline extension.Chinese officials have promised to provide a full list of all central and local government subsidies in accordance with World Trade Organization reporting requirements. They will also take steps to ensure that the subsidies do not violate WTO rules. Mr Lighthizer’s team, however, is sceptical about such promises. "China’s system is so opaque that you would have to take
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- 4/12/24 - Miss
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- 4/4/24 - Form ARS/A
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