The US White House economy, Larry Kudlow, said on Tuesday that Washington hopes to focus on changing the economic structure and implementing the agreement mechanism when China holds trade talks with the G20 summit.
When Kudlow accepted a visit to Fox News, he mentioned that the United States intends to continue discussions with Beijing on issues such as the theft of intellectual property, forced technology transfer, open markets and tariffs. He said that Washington has been seeking an enforceable agreement. Stress that this is very important for the negotiations.
He later called President Donald Trump and Chinese President Xi Jinping. The opinion expressed that it is a good thing for US and Chinese leaders to re-establish trade negotiations in the G20, but there is no guarantee that they will achieve results.
In addition, US Trade Representative Robert Lighthizer said that there is still no final decision on a new round of tariffs on Chinese goods. However, it is believed that the method of urging China to carry out trade reforms by dialogue proves to be ineffective. It also means that tariffs alone cannot prevent China from performing on the economic field, but there are no more ideal measures.