High-level trade talks between US and China resume

WSJ What's News


The US and China are gearing up for the latest round kind of trade talks in Washington this week and our Josh Zoom Rune says there's a new wildcard in the mix I think one thing that really complicates it's all of this is the kind of impeachment drama in Washington there's a big question I think over whether or not this weakens the president in the is of Chinese who view him as politically vulnerable or if this maybe makes the president you know more inclined to be tough on China to kind of show some of the things the administration is doing I guess what we'd say is that impeachment is a big wild card you know this is already extremely unpredictable these trade negotiations have been predictable from the very beginning people who've tried to guess which way it's going almost always gotten it wrong and I think this adds just another degree of unpredictability to it still there are some signs of Progress I think you can say that there's too positive signs that we're seeing one is that the high level negotiators are back at the table. I mean this is the first time since July that we've had high level negotiations is going to be the US Trade Representative Robert Lighthizer Treasury Secretary and then China's top trade negotiators as well and this is a group that hasn't talked and I almost three months so that's a positive sign and the second positive sign is that China has started to buy more agricultural products in a in a meaningful way and we're starting to see some positive signs out of China they're really but buying soybeans they're buying pork again the US farm economy is really far away from I'm kind of recovered or back to health but this is kind of a step in the right direction that's The Wall Street Journal's Josh Zoom Brune negotiators from the US and China Anna are set to meet in Washington on Thursday and Friday

Coming up next