Sino-US Trade Negotiations Transferred to Shanghai

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      Due to the low expectations of all parties for the progress of the two-day talks in Shanghai, both officials and business circles hope that China and the United States can at least make a detailed commitment to show "goodwill" posture and clear the way for future negotiations.
These include Chinese purchases of U.S. agricultural products and U.S. allowances for businesses to resume partial sales to Chinese technology giant Huawei.
U.S. President Trump on Friday expressed pessimism about a trade agreement with China, saying Beijing may not sign an agreement before the November 2020 U.S. general election, but rather hope that an easier-to-deal Democratic candidate will win the election.
"I think China probably wants to say'we wait'," Trump told reporters at the White House. "Let's wait and see if anyone will betray the United States. Let's see if someone like that will be elected."
The Sino-US trade war has lasted for more than a year. Billions of dollars in tariffs have been imposed on each other's imports, disrupting the global supply chain and shaking financial markets. (Interaction Diagram of Key Times of Sino-US Trade War: tmsnrt.rs/2DVZ7mN)
Trump and Chinese President Xi Jinping met last month during the Osaka summit of the Group of 20 (G20) and agreed to restart the stalled trade negotiations between the two sides in May.


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