China Lays Its Conditions For A Trade Deal With The U.S.



Daily Mail: China's president puts out terms for ending the trade war with the U.S. – demanding Trump stop banning Huawei technology and lift permanent tariffs

* Chinese President Xi Jinping has developed plans to present to President Trump
* The Wall Street Journal reported the terms of what he is seeking just as Trump landed in Japan
* The two leaders are set to meet on Saturday
* Trump's trade negotiators will meet counterparts earlier
* China wants ban on U.S. tech sales to telecom giant Huawei
* Xi also wants the U.S. to lift tariffs the Trump administration imposed

Chinese President Xi Jinping is preparing to present President Donald Trump with a list of demands for ending the U.S. trade war that has rattled markets as Trump prepares to impose an additional $300 in tariffs.

The Wall Street Journal published China's latest demands almost precisely as Trump landed in Osaka.

One of China's key demands is for the U.S. to pull back a ban on U.S. technology sales to telecom giant Huawei, according to the Journal, which cited Chinese officials.

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WNU Editor: If this WSJ report is true .... China to Insist U.S. Lift Huawei Ban as Part of Trade Truce (Wall Street Journal), it tells me that China will not compromise nor accommodate U.S. demands to lower the trade deficit or lower trade barriers to U.S. goods to China. And while there will be a trade truce (a condition that President Xi insisted upon if he was to meet President Trump) .... Trade war: US and China agree to tentative truce before G20 summit (SCMP), the prospects of a trade deal in the future look dim. My gut is telling me that the Chinese are going to wait until after the U.S. Presidential in 2020, and hope that the Democrats (who have signalled that they oppose many of President Trump's trade war actions) win the White House.

More News On China Laying Its Conditions For A Trade Deal With The U.S.

China’s Xi to present Trump with terms for settling trade deal: WSJ -- CNBC
China to insist US lift Huawei ban during G-20 meeting as part of trade deal, report says -- FOX News
China urges U.S. to lift sanctions on Huawei as Trump-Xi meeting looms -- Reuters
Beijing claims it's not afraid of Trump's 'evil threat' after the US president says he plans to 'take in billions and billions of dollars' from Chinese goods with a potential tariff hike -- Daily Mail
China Says Its Demands for a Trade Deal With the U.S. Haven't Changed -- Bloomberg

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