Chinese Vice-Premier Liu He and then US president Donald Trump sign the phase one trade deal in January 2020. Photo: Reuters
Why US-China trade talks are failing to take off despite pressure from American business
- Trade is on the back-burner as the two sides cross swords over security, the hi-tech sector and ideology
- The real complication, however, is the lack of political motivation to push for substantial dialogue and China’s loss of hope in the US, say observers
Chinese Vice-Premier Liu He and then US president Donald Trump sign the phase one trade deal in January 2020. Photo: Reuters