Statement of the United States Regarding China Talks The White House¶

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For the last two days, high-ranking officials from the United States and China have engaged in

intense and productive negotiations over the economic relationship between our two countries. The

United States appreciates the preparation, diligence, and professionalism shown throughout these

meetings by Vice Premier Liu He and his team.

The talks covered a wide range of issues, including: (1) the ways in which United States companies

are pressured to transfer technology to Chinese companies; (2) the need for stronger protection and

enforcement of intellectual property rights in China; (3) the numerous tariff and non-tariff barriers

faced by United States companies in China; (4) the harm resulting from China’s cyber-theft of United

States commercial property; (5) how market-distorting forces, including subsidies and state-owned

enterprises, can lead to excess capacity; (6) the need to remove market barriers and tariffs that limit

United States sales of manufactured goods, services, and agriculture to China; and (7) the role of

currencies in the United States–China trading relationship. The two sides also discussed the need to

reduce the enormous and growing trade deficit that the United States has with China. The purchase

of United States products by China from our farmers, ranchers, manufacturers, and businesses is a

critical part of the negotiations.

The two sides showed a helpful willingness to engage on all major issues, and the negotiating

sessions featured productive and technical discussions on how to resolve our differences. The

United States is particularly focused on reaching meaningful commitments on structural issues and

deficit reduction. Both parties have agreed that any resolution will be fully enforceable.

While progress has been made, much work remains to be done. President Donald J. Trump has

reiterated that the 90-day process agreed to in Buenos Aires represents a hard deadline, and that

United States tariffs will increase unless the United States and China reach a satisfactory outcome by

March 1, 2019. The United States looks forward to further talks with China on these vital topics.