TRADE NEGOTIATIONS BETWEEN THE US AND CHINA HAVE STALLED
Negotiations between the US and China seem to have stalled, as both sides dug in after disagreements earlier this month. China reportedly does not want to revisit past promises, which he refused at the beginning of this month, despite the fact that they were present at the latest round of talks in Washington last week.
Both sides are strengthening their positions. China has maintained its currency and cut orders for pork in the United States, and the administration of the tramp put the Chinese telecommunications company «Huawei» and its branches in black.
Earlier, China invited the US delegation to Beijing, and us Treasury Secretary Steven Mnuchin was even ready to accept the offer. However, sources said that the discussion did not take place as the trump administration declared a national emergency in connection with threats against American technology and signed an order banning the use of telecommunications equipment made by firms deemed to pose a «national security risk.»
Shortly thereafter, the Commerce Department announced that he has reason to believe that Huawei is engaged in an activity that is contrary to American national security, enabling the company to the blacklist.