China

Trump tweets: “Talks with China are going very well!”

“We need a whole-of-government technology strategy to protect U.S. competitiveness in emerging and dual-use technologies and address the Chinese threat by combating technology transfer from the United States.”

White House adviser Kevin Hassett on Thursday said he expected U.S. companies doing business in China to downgrade earnings projections until the U.S. and China agreed to de-escalate trade tensions.

“Any loss of agricultural exports would be a concern, since about 20% of U.S. farm income stems from exports.”

Following a call with Xi, the president tweeted that an agreement, “if made, will be very comprehensive, covering all subjects, areas and points of dispute. Big progress being made!”

Schumer: “Lee is laser-focused on how U.S. trade policy impacts working families, and her years studying China’s abusive trade practices make her an excellent addition.”

China argued at a DSB meeting that the U.S. actions should be of serious concern to all members; the U.S. countered that China was seeking to use the system as a shield for trade-distorting policies.

Members of the World Trade Organization on Monday implored the United States to show leadership in helping to reform the organization it was instrumental in founding rather than play a disruptive role that has led some to believe the WTO is headed toward permanent paralysis.

GENEVA -- Some World Trade Organization members -- including China -- are linking progress on reforms in areas like state-owned enterprises, industrial subsidies and forced technology transfer to talks on agricultural subsidies, which have long been deadlocked at the WTO, according to Geneva sources.