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In the News: China Tariffs, U.S.-EU Talks, Japan Trade Deal

Wednesday, March 20, 2019
Sandler, Travis & Rosenberg Trade Report

China, U.S. said to push back meeting of leaders

“Despite claims of progress in talks by both sides, a hoped-for summit at Trump’s Mar-a-Lago resort will now take place at the end of April if it happens at all, according to one of the people. China is pressing for a formal state visit rather than a lower-key appearance just to sign a trade deal, the person said.”

[Bloomberg]

European parliament deals setback to EU-U.S. trade talks

“MEPs meeting in the eastern French city of Strasbourg on Thursday failed to pass an approval of an EU mandate, after a rebellion by lawmakers changed the wording of the text. … The European Parliament only has an advisory role with regard to the EU’s negotiating mandate, but it will have the final say once an agreement has been concluded.”

[AFP]

U.S.-Japan trade talks held up by push for China deal

“Both sides were originally eager to conclude a trade agreement on goods, or TAG, as soon as possible to maximize the political benefits. But when high-level talks will even start is now unclear, with U.S. Trade Representative Robert Lighthizer once again pushing back a meeting with Japanese point man Toshimitsu Motegi.”

[Nikkei Asian Review]

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