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Trump Voices Optimism as US-China Trade Talks Continue

Nike Ching

   Ira Mellman contributed to this report.
   U.S. President Donald Trump voiced optimism as the United States and
   China continued trade talks on Friday, amid anticipation of at least a
   partial deal that could prevent a tariff escalation.

   "Good things are happening at China Trade Talk Meeting. Warmer feelings
   than in recent past, more like the Old Days. I will be meeting with the
   Vice Premier today. All would like to see something significant
   happen!" Trump tweeted on Friday.

     Good things are happening at China Trade Talk Meeting. Warmer
     feelings than in recent past, more like the Old Days. I will be
     meeting with the Vice Premier today. All would like to see something
     significant happen!
     -- Donald J. Trump (@realDonaldTrump) [1]October 11, 2019

   The president is scheduled to meet with Chinese Vice Premier Liu He
   later Friday in the White House Oval Office.

   A current 25% levy on $250 billion of Chinese goods is set to rise to
   30% on October 15, and a second set of taxes of 15% on more than $150
   billion in goods is set to go into place on December 15. China has
   signaled retaliation if the U.S. follows through on those increases.

   Sticking points in the trade dispute between the world's two largest
   economies include forced technology transfer, theft of intellectual
   property rights, and other non-tariff barriers.

References

   1. https://twitter.com/realDonaldTrump/status/1182654371714211840?ref_src=twsrc%5Etfw

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