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China Makes Stick Out of Carrot As Ross-Liu Talks Fail To Reach A Deal

Ags - Fruit/Veg 107 Ags - Grains/Beans 237 Ags - Meat/Dairy 192 China 2527 Consumer Staples 589 Tariffs 1613 U.S. 4472

The latest round of talks to strike a deal that will increase Chinese imports of American energy and agricultural products did not reach a conclusion. While discussions including Vice Premier Liu and Secretary Ross made “concrete progress” a U.S. insistence on multi-year contracts and Chinese demands for no further U.S. duties appear to have scuppered progress. The Chinese government went as far as to indicate that, should the U.S. make good on its threat to apply duties under the section 301 review of IP practices, it could retaliate with tariffs on the very agricultural goods it would ...

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