Lighthizer Casts Doubts on China Trade Talks as ‘Major Issues’ Go Unresolved
From New York Times, In Print — Mar 12th, 2019
U.S. Trade Representative Robert Lighthizer told lawmakers that “major issues” remained in negotiations with China, casting doubt on whether a trade agreement was near. While President Trump has spoken optimistically of “significant progress,” Lighthizer warned that success was far from guaranteed and emphasized the need for enforceable commitments before lifting tariffs.
“Lighthizer offers a far more grounded prognosis of the likelihood of success than President Trump and others in the administration recently have,” said Henrietta Treyz, director of economic policy at Veda Partners. “Without fail, Lighthizer makes sure to acknowledge that failure and success are both options with China.” Her remarks underscore the uncertainty still surrounding one of Trump’s top trade priorities.
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