China and U.S. to hold trade talks in Beijing next week

US manufacturers say Trump tariffs will bring higher prices, not more jobs

China and the United States will hold vice ministerial-level trade talks in Beijing on January 7-8, as the two sides look to end a dispute that is inflicting increasing pain on both economies and roiling global financial markets.

The U.S. accuses China of deploying predatory tactics in a drive to surpass America's technological supremacy.

Donald Trump and Xi Jinping had agreed to a 3-month cease fire amid rising trade tensions. "Another is that, according to USA customs data, it is not just the United States products that China imposed its retaliatory tariffs on that have seen weakening export growth to China, but U.S. exports to China have seen some softening across the board". -China trade war, investors in the USA markets are worrying about rising interest rates and a wobbly US real estate market. Yet those very pressures, analysts say, give the two countries a stronger incentive to make peace.

Gerrish is close to Robert Lighthizer, the United States trade representative, and the official most in favour of using the trade war to punish China.

U.S. and China have exchanged tit-for-tat tariffs on more than $300 billion worth of goods in total two-way trade.

Hassett said Asian economies including that of China have been slowing quite a bit since last spring and that China is "feeling the blow" of US tariffs.

Apple Faces Potential Investor Lawsuit for Not Warning of Weak iPhone Demand
Apple's stock had fallen 32 percent from an October peak to its close of $157.92 Wednesday amid growing concerns about the iPhone. Apple's announcement suggests corporate earnings estimates may be too lofty given challenges facing the global economy.

Hackers dump personal data of hundreds of German politicians
A spokeswoman for Chancellor Angela Merkel , Martina Fietz, said the chancellery was informed of the matter on Thursday evening. Bild newspaper added the information published dates back to before October 2018 - but isn't clear when the hack began.

Donald Trump lacks character in leading 'divided nation', claims Mitt Romney
But Romney said that once in Congress, he intends to defy Trump should he say any hateful, racist, or dishonest comments. Jeff Flake , who clashed with Trump but ultimately opted to leave office after Trump's base in his state abandoned him.

The U.S. and Chinese governments both have expressed interest in a trade settlement but give no indication their stances have shifted. For 2018, the Dow Jones Industrial Average - America's highest-profile stock market benchmark - fell almost 6 per cent, its worst performance since 2008.

Chinese economic growth fell to a post-global crisis of 6.5 percent in the quarter ending in September.

The U.S. manufacturing sector has begun to slow, and the Institute of Supply Management's survey of corporate purchasing managers on Monday showed the largest monthly decline since the depths of the recession in December 2008. Those ambitions cut to the heart to China's drive to become the world's 21st century economic superpower.

Beijing last month said that negotiations would start by focusing on agricultural goods, energy and automobiles.

Both governments face economic pressure to reach a settlement.

Those familiar said other U.S. attendees include Mr Gil Kaplan, Undersecretary of Commerce for International Trade; Mr Ted McKinney, Undersecretary of Agriculture for Trade and Foreign Agricultural Affairs; and Ms Merry Lin, director for global and Asia economics at the National Security Council.

Related news:

Hot News

isis-killer-beheading-video-story-top New Windows 10 build silences Cortana, brings passwordless accounts
Jan 07, 2019 - 01:07
For easier navigation, you can now tab between all the main actions on Narrator Home, such as Quick Start and Settings . However, the fix hasn't been brought to the October 2018 Update and has not been listed as a known issue.

isis-killer-beheading-video-story-top Dwyane Wade Marvels at James Harden’s Greatness via Social Media
Jan 07, 2019 - 01:01
I get to the basket, aggressive, I shoot my shot.Don't foul me on my jump shot. "That's what we need to focus on". The only player to have converted more of those attempts than Harden? "I've got the total package", Harden said.

isis-killer-beheading-video-story-top U.S. urges citizens to exercise `increased caution` on China travel
Jan 07, 2019 - 00:08
Diplomatic tensions between Canada and China have escalated since Meng's arrest on December 1. Travel to China is getting risky for US citizens - especially those with dual U.S.

isis-killer-beheading-video-story-top British government concerned after Russian Federation detains United Kingdom citizen on espionage charges
Jan 05, 2019 - 01:44
The news that Paul Whelan holds citizenship in four countries brings worldwide pressure on Russian Federation from several fronts. Whelan, a 48-year-old former Marine and security director for a US company, was arrested a week ago in Moscow, accused of spying.

isis-killer-beheading-video-story-top Slightly Mad Studios Mad Box Console Promises VR and 4K Gaming
Jan 05, 2019 - 01:15
Bell believes that they can ship the Mad Box at a level competitive with the launch prices of other home consoles. Bell explained that the console will dethrone the Xbox One X as the most "powerful console ever built".

isis-killer-beheading-video-story-top Saudi prosecutor seeks death sentences as Khashoggi murder trial opens
Jan 05, 2019 - 01:09
Saudi Arabia's public prosecutor has said Khashoggi's alleged killers planned his death three days in advance. At least five people are facing the death penalty over the murder of Saudi journalist Jamal Khashoggi.

isis-killer-beheading-video-story-top Corporations Should Step Up to Save Our National Parks
Jan 05, 2019 - 00:30
Mariposa Grove of Giant Sequoias, Hetch Hetchy, Wawona and Hodgdon Meadow Campgrounds, and all snow play areas were also closed. While most U.S. national parks remain open, the shutdown has left staff at home, facilities unavailable and campsites closed .

isis-killer-beheading-video-story-top Jurgen Klopp: Kompany Should Have Been Sent Off
Jan 05, 2019 - 00:02
Every team studies how we play, especially in the Premier League and we know how hard it is to play this way. Liverpool are next in action on Monday night at Wolverhampton Wanderers in the third round of the FA Cup.

isis-killer-beheading-video-story-top China's Lunar Landing May Mean Potatoes And Flowers Grow On The Moon
Jan 04, 2019 - 20:18
But because the moon spins on its axis at exactly the same rate as it orbits Earth, one side remains permanently out of view. This also explains why there are so much more craters on the far side - they haven't been covered by basaltic eruptions.

isis-killer-beheading-video-story-top Donald Trump mocks Indian prime minister for building library in Afghanistan
Jan 04, 2019 - 20:16
The costs of Afghanistan were significant, but not on anything like that scale". To now hear Trump justifying the invasion was "really odd ", he said.

isis-killer-beheading-video-story-top Manny Machado has an offer on the table
Jan 04, 2019 - 20:12
The same applies to Bryce Harper , which put a dent in beliefs they would each sign contracts near $400 million. For the Dodgers and Harper, there have been all kinds of rumors about how close they might be to a deal.

isis-killer-beheading-video-story-top National Football League announces Patriots' playoff date and time
Jan 04, 2019 - 19:49
They have not been very good on the road (4-4), allowing an average of 25.8 points per game in their past four away games. The Colts and Texans split their two matchups in the 2018 regular season, with each team stealing a road victory.

isis-killer-beheading-video-story-top Saoirse Ronan to present at Golden Globes
Jan 04, 2019 - 19:44
Oldman won the Golden Globe previous year for best performance by an actor in a motion picture for "Darkest Hour". Andy Samberg and Sandrah Oh discussed how much political content there would be at the Golden Globes .

isis-killer-beheading-video-story-top Netflix warns against doing 'Bird Box' meme challenge
Jan 04, 2019 - 19:33
Need cord cutting tech support? Some people loved the film so much it became apart of their Christmas festivities. The challenge is unsafe not only to the one that is blindfolded but also to the people around him.

isis-killer-beheading-video-story-top IPhone owner considers legal action after alleged explosion
Jan 03, 2019 - 01:33
However, it seems Apple's super-premium smartphone isn't without its issues. In addition, a smoke with colors between yellow and green began to emerge.