The US President, Donald Trump, stated that its between him and Xi Jinping’s responsibility to strike a tariff deal. As he seems to be personal for this matter, it reflects his desire for a pact and might mean that Beijing won’t have to make big concessions, according to Reuters. Yet, his statement puts White House negotiators in a tough spot.
Mainly, Trump’s desire to personally seal any China trade deal is different from the past.
For instance, he gave permission to U.S. Trade Representative Robert Lighthizer to finalize the revised North American Free Trade Agreement, as well as to lead talks with Beijing.
However, he shows that, concerning People’s Republic, he wants to be the one to find solutions for the most difficult matters with Xi.
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Reuters noted that although President Trump is involved in many cases, he doesn’t get many things in return. For example, he praised North Korea last summer when he met with leader Kim Jong Un, as he made promises.
Trump also saved Chinese state telecommunications firm after a phone call between him and Xi.
Moreover, many of Trump’s demands are possible to be made concerning China, such as purchasing agricultural products.
Specifically, in a White House meeting on January 31, Chinese Vice Premier Liu He told Trump that his country would buy 5 million tonnes of American soybeans, which the president repeatedly highlighted during his public remarks at the gathering.
In addition, structural matters as cutting state subsidies face more barriers. In these topics does Lighthizer aspire to focus on.
They include stopping forced technology transfers and intellectual property theft. In a letter to Trump, Xi said he hoped they could strike a deal before tariffs are set to rise on $200 billion in Chinese products on March 1.
Concluding, up to now China doesn’t show much willingness, and President Trump can hope for incorporating enforcement mechanisms that keeps China on its toes – but even that may be a difficult.
