#significantly increase

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BEIJING | China says it can't guarantee no more trade tension with US

BEIJING — China’s government said Monday it cannot guarantee that renewed trade tension with Washington can be avoided after U.S. Treasury Secretary Steven Mnuchin declared a temporary truce in a spiraling dispute that prompted worries of a chilling of global commerce.

Mnuchin said Sunday the two sides were “putting the trade war on hold” following an announcement Beijing would “significantly increase” purchases of American farm goods, energy and other products and services. But the two sides gave no indication of how much progress they had made toward ending the dispute over U.S. complaints about market access and technology policy.

Mnuchin’s comments showed both sides hope to avoid a “trade war,” said a Chinese foreign ministry spokesman, Lu Kang. However, he added, “Given the increasing interaction between the two countries, we cannot assure you they will not encounter more frictions or disputes in the future.”

U.S. President Donald Trump has threatened to raise import duties on Chinese goods worth up to $150 billion in response to complaints Beijing steals or pressures foreign companies to hand over technology in exchange for market access. Chinese leaders issued their own $50 billion list of U.S. goods for possible retaliation.

The strains in the world’s biggest trading relationship prompted fears other governments might respond by raising import barriers, chilling global commerce and economic growth.

Trump is pushing for Beijing to discard or scale back ambitious technology and industrial development plans Washington complains will hamper market access and hurt foreign competitors. Businesspeople and economists say Communist leaders who see their development model as a success are unlikely to agree to more than minor changes.

In a statement Saturday, the two countries made no mention of those underlying American complaints. Mnuchin said talks made “meaningful progress,” but they gave no indication of how close they might be to an overall settlement.

The truce is likely to be only temporary due to unresolved “structural issues” between China and the United States, said Shi Yinhong, director of the Center for American Studies at Renmin University in Beijing.

“I don’t think the truce will last very long,” Shi said. “The antagonism in trade will ebb and flow in China-U.S. relations in the long term.”

Lu, the Chinese spokesman, said Beijing wants to preserve a relationship that benefits both sides.

“If the two governments can reach an agreement which is acceptable to both sides, the two governments should certainly abide by it,” Lu said at a regular briefing. “We believe this result will be welcomed by the peoples and business communities in the two countries, and the international community.”

“Big risk factors” include whether China will take action fast enough on its trade surplus and whether the two sides can establish a dialogue to discuss structural issues, said Jacob Parker, vice president for China operations of the U.S.-China Business Council.

As for the United States, “there is a lot of different dynamics at play and many different stakeholders in Washington,” Parker said. “So finding a consensus from the Trump administration to ensure a unified policy in engaging with China will be critical for the two sides to come to an agreement.”

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By Associated Press – published on STL.News by St. Louis Media, LLC (Z.S)

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WASHINGTON | US, China say Beijing commits to buying more American goods

WASHINGTON (AP) — Just-ended U.S.-China trade talks produced a commitment by Beijing to “significantly increase” its purchases of Americans goods and services, according to a joint statement Saturday from the rival economic powers trying to lower trade tensions.

They also agreed on “meaningful increases” in U.S. exports of agriculture and energy products and greater efforts to increase trade in manufactured goods and services.

The statement, however, provided no dollar amounts on how much China might boost its purchases of American products.

The statement also was silent on whether the talks had made progress in easing the trade standoff between the world’s two biggest economies. Washington and Beijing have threatened to impose billions of dollars in punitive tariffs on each other.

The statement said they did agree on the need for “effective measures” to reduce America’s trade deficit, and to strengthen cooperation on protecting intellectual property. The statement said the United States would send a team to China to work out further details.

One of the Trump administration’s goals has been to get China to take steps that would lower America’s goods trade deficit with China by at least $200 billion by the end of 2020.

“There was a consensus on taking effective measures to substantially reduce the United States trade deficit in goods with China,” the joint statement said.

The two days of talks were led on the Chinese side by Vice Premier Lie He and on the American side by Treasury Secretary Steven Mnuchin. The U.S. delegation included Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer.

Trump campaigned in 2016 on a pledge to get tough on China and other U.S. trading partners. He views the massive U.S. trade deficit with China — $337 billion last year, the biggest with any country — as evidence that Beijing is engaged in abusive trading practices and has outmaneuvered previous U.S. administrations.

Last August, Lighthizer began an investigation into Beijing’s strong-arm tactics to challenge U.S. technological dominance. These include outright cybertheft of U.S. companies’ trade secrets and China’s demands that American corporations hand over technology in exchange for access to the Chinese markets.

Last month, the administration proposed tariffs on $50 billion of Chinese imports to protest the forced technology transfers. Trump later ordered Lighthizer to seek up to an additional $100 billion in Chinese products to tax.

China responded by targeting $50 billion in U.S. products, including soybeans — a shot at Trump supporters in America’s heartland. The prospect of an escalating trade war has shaken financial markets and alarmed business leaders.

In a separate controversy, the Commerce Department last month blocked China’s ZTE Corp. from importing American components for seven years, accusing the telecommunications company of misleading U.S. regulators after it settled charges last year of violating sanctions against Iran and North Korea.

The ban amounted to a death sentence for ZTE, which relies heavily on U.S. parts, and the company announced that it was halting operations. Chinese officials complained loudly about the ZTE sanctions when a high-level U.S. delegation, led by Mnuchin, visited Beijing this month.

Trump waded into the fray last Sunday, tweeting that he was working with Chinese President Xi Jinping to put ZTE “back in business, fast.” Media reports suggested that the U.S. was offering to swap a ZTE rescue for an end to proposed Chinese tariffs on U.S. farm products.

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Enhance Your Golf Leaderboard Game With This Advice

Golf Leaderboard requires technique learned through practice. Learn to swing the golf leaderboard club properly. You should also make yourself aware of the many facets that can help you have a good game. This article will assist you better your golf leaderboard game.

TIP!Practicing with slightly different stances will help you…

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2. Channel Your Focus on Others <\p>

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3. Believe in Your Words<\p>

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Using the right keywords<\p>

Using the horizontal keywords prison increase the website travel alarmingly. A business would initially need to identify the stake keywords that impart to the business products or services. These should then be incorporated at about the website by adding the distinct keyword in order to the tile page, the content and if possible in consideration of the URL.<\p>

Web pages<\p>

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Blogging<\p>

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Social media<\p>

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Guest Blogging<\p>

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Comments<\p>

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Updated count<\p>

The website must be updated with all the information regarding the product or service. This means that simple promotions or discounts should be met with featured in the website. Product launches and teaser ads related to new products must be reported on the web site like springs. A website that tends to update experience from a continuous basis is likely to generate higher frequency with regard to customer visits.<\p>

Strategic entente<\p>

A business that wants to tumefy the website traffic can indite a canny alliance with a cement a union that targets a similar market segment. This would allow dyad the business to collaborate and send off an effective campaign as promotions would not be targeted at a larger customer base. A object to bend sinister a lucky draw might and be fresh and this could result in more traffic in consideration of be generated. However this would require considerable time and effort but at the end it would hold worth it as this possibility would appropriate the business to generate traffic and convert potential customers into existing customers.<\p>