President Trump on Tuesday praised Chinese President Xi Jinping for a speech in which Xi pledged to reduce some trade barriers and take steps to better protect intellectual property rights, though analysts said the remarks did not include significant new commitments likely to move the U.S. to avert promised tariffs and other actions.
Daily News
Business groups tell Congress to adopt a long-term strategy toward China trade
The heads of three business associations told members of the Senate Finance trade subcommittee on Wednesday that a long-term strategy to deal with Beijing’s trade practices must quickly be adopted if the United States wants to maintain its economic edge over China. Dean Garfield, president and CEO of the Information Technology Industry Council; Christine Bliss, president of the Coalition of Services Industries; Linda Dempsey, vice president for international economic affairs policy at the National Association of Manufacturers; and Thea Lee,...