China moves on trade commitments

US President Donald Trump and China's President Xi Jinping attend the G20 summit in Buenos Aires last weekend

"The economics and trade teams of both sides will actively push forward negotiations within 90 days in accordance with a clear timetable and roadmap", it said, in the first public acknowledgement by the Chinese government of the 90-day timeline.

Chinese officials have been instructed to take necessary steps for the purchases, two officials told the outlet.

Beijing has yet to confirm Mr Trump's claim that China promised to cut vehicle tariffs and immediately buy more American farm goods. Their meeting last weekend at an economic conference in Argentina produced a 90-day truce.

'We will start with agricultural products, energy, automobiles to immediately implement the issues that the two sides have reached consensus, ' Gao said, when asked about what is on the negotiation agenda.

But the verbal detente was broken Wednesday as China's foreign ministry lashed out at criticism from US Secretary of State Mike Pompeo.

But Murphy, like other Democratic members, believes Xi is playing Trump.

USA calls for European Union sanctions on Iranian ballistic program
The Iranian regime has just test-fired a medium range ballistic missile that's capable of carrying multiple warheads. In a twist on Trump's "America First" policy, U.S.

Pompeo said in Brussels on Tuesday the United States could abandon some global agreements to thwart bad actors like China, which he accused of cynically exploiting World Trade Organization rules. The deal is, at best, really just an agreement to keep talking-a significant enough achievement after months of icy relations between the two major trading partners, but hardly an indication that the trade war is winding down.

China has pledged to implement the changes agreed at trade talks between presidents Trump and Xi "as soon as possible", but it has not repeated claims from senior figures in the U.S. that it will happen "immediately", he said.

President Trump had hailed the pause as an incredible deal, saying China had promised a number of measures.

Trump, via Twitter, held out the possibility of an extension of the ceasefire but warned tariffs would be back on the table if the talks failed to bear fruit. -China trade cease-fire, contributing to a broad stock market plunge and intensifying fears of a global economic slowdown. Chinese shares responded in kind, opening lower on Wednesday.

As part of the talks on Saturday night, Trump agreed not to increase existing tariffs on Chinese goods or impose any new ones for 90 days, while talks took place.

Su told Xinhuanet that cooperation is the best option for both China and USA, and both sides should jointly advance bilateral relations with coordination, cooperation and stability as the defining features.

CNN fires Marc Lamont Hill for anti-Israel comments
The comments were painted as anti-Semitic by pro-Israel groups such as the Anti-Defamation League (ADL) and the National Council of Young Israel (NCYI ).

Volkswagen Group CEO Herbert Diess talks with reporters after meeting with U.S. President Donald Trump at the White House, on December 4, 2018, in Washington.

Despite positive signals - the Wall Street Journal reports that Chinese pork prices are up 24% since May, whereas hog prices in the US have been on the rise since mid-October in anticipation of increased demand - there are no signs that current tariffs will be removed any time soon. Even if that happens, there's no guarantee it would reduce the $336-billion USA trade deficit with the Asian nation, as Trump hopes to do.

While Mr Trump said talks with China and the 90-day truce period had already started, China did not clarify when the 90-day period was supposed to begin. Washington, but not Beijing, has also said China will cut import tariffs on American cars.

He told reporters that China had said it was willing to "expand imports according to the needs of its domestic market and people, including importing marketable products from the United States to gradually ease the trade imbalances", adding that both sides had agreed to open their markets to each other.

He said the Chinese delegation to the G20 summit went to Panama after Buenos Aires and haven't returned to China.

Former President George H.W. Bush Dies At 93
Donald Trump, the disruptive, anti-establishment president who spent years deriding much of what George H.W. In 2001, Bush became just the second USA president after John Adams to see his son become president.

Related News:



Most liked

US Marine planes crash in Japan
The aircraft involved had launched from Marine Corps Air Station Iwakuni and were conducting regularly scheduled training. The Marine Corps tweeted that the incident occurred at about 02:00 on Thursday (17:00 GMT Wednesday).

Rep. Schiff suggests Roger Stone may have lied to U.S. Congress
Trump's longtime attorney Michael Cohen pleaded guilty to lying about his work toward the possible construction of a Trump Tower in Moscow.

All 8 Cities And Stadiums Confirmed For New XFL Teams
Beyond the presser, the XFL posted a video with a list of the cities to its official Twitter account. The football league is the brainchild of World Wrestling Entertainment Chairman Vince McMahon.

Fortnite To Get A Creative Sandbox Game Mode
This is all set to take place sometime in 2019, but the big news is that developers will get to keep 88% of the revenue. Instead, Epic Games melded a partnership with Samsung, offering the application exclusively on the Galaxy Apps store .

Michelle Obama Is Absolutely Right About "That Lean In Sh**"
The ethnically diverse school, which Obama visited in 2009 on her first official trip to Britain, has around 60 languages spoken among its 900 female pupils.

MPs vote for Dominic Grieve's Brexit amendment
May refused to publish on the basis that such "candid" legal advice given to ministers should be understood to be confidential. A small number of Labour rebels could support her, but the party's official position is to vote against the deal.

Ballon D'Or host apologises as 'twerk' request causes storm
For years, the magazine France Football has been doling out its Ballon d'Or award to the best men's soccer player in the world. Responding to the criticism, Solveig tweeted: "Sincere apologies to the one I may have offended".

Bush's service dog will go on to help other soldiers
The Bush family's post-White House spokesman Jim McGrath shared the photo on Twitter Sunday with the hashtag #remembering41. His body will lie in state in the Capitol Rotunda for a public viewing from Monday until Wednesday morning.

Green Bay Packers Fire Head Coach Mike McCarthy
He's had to work with two rookie wide receivers and a crumbling offensive line this season that's exacerbated the issues. McDaniels' innovativeness paired with Tom Brady's skill and command for the offense has led to unmatched success.

Global Geopolitical Series: Trump-Xi consensus reached on trade but statements differ
He said lawmakers can choose between the replacement, the United States-Mexico-Canada Agreement, or nothing. Trump said that Xi had also agreed to rank fentanyl trafficking among the most serious crimes in China .

Priyanka Chopra, Nick Jonas marry during elaborate ceremony in India
We are eagerly waiting to see how Priyanka would have looked as bride in both Christian and Indian wedding. Watch the video to know more about the lucrative endorsements that helped Nick and Priyanka make money.

NASA Chief Scolded Musk Over Pot Smoking
The CLPS contracts have a combined maximum value of $2.6 billion over the next 10 years, so companies are eager to win them. If more hiccups come with the program , NASA may be watching SpaceX beat the agency to the moon with a crewed mission .

Six minutes of terror, then rover lands on Mars
InSight's 1.8m robotic arm will be used to place the instruments on the Martian surface, where they will be calibrated. While others wondered what the Martians might think of us if they saw the lander on their planet.

Ariana Grande Releases Celebrity-Packed "Thank U, Next" Music Video
Jonathan did get to hang with the "army trousers and flip-flops" girl though. better known as Stefanie Drummond . Pete Davidson is huuuuuge - ahem - and we will leave that to you to decipher that one for yourselves.

Internet goes wild over Putin-Mohammed bin Salman handshake
He also pushed the issue of imprisoned human rights workers and the "humanitarian catastrophe" from violence in Yemen. Leaders during the G-20 Leaders' Summit family photo on November 30, 2018 in Buenos Aires.