compliance checks: Chinese negotiators were not keen on the idea of regular compliance checks, the source said, but the U.S. proposal didn't derail negotiations, according to The Japan Times. A Chinese source said the United States wants periodic assessments but it is not yet clear how often. A continuing threat of tariffs hanging over commerce between the world's two largest economies would mean a deal would not end the risk of investing in businesses or assets that have been affected by the trade war. ; The threat of tariffs is not going away, even if there is a deal, said one of three sources briefed on the talks who spoke on condition of anonymity. It looks like humiliation, the source said. The administration of U.S. President Donald Trump has imposed import tariffs on Chinese goods to put pressure on Beijing to meet a long list of demands that would rewrite the terms of trade between the two countries. But perhaps the two sides could find a way to save face for the Chinese government.
(news.financializer.com). As
reported in the news.
Tagged under compliance checks, trade war topics.