Business, Freight News

Statement on the United States Trade Delegation’s Visit to Beijing

[ May 8, 2018   //   ]

At the invitation of Vice Premier Liu He and at the direction of President Donald J. Trump, the United States trade delegation, led by Secretary of the Treasury Steven Mnuchin and including Secretary of Commerce Wilbur Ross, U.S. Trade Representative Robert Lighthizer, Assistant to the President for Economic Policy Larry Kudlow, and Assistant to the President for Trade and Manufacturing Policy Peter Navarro, traveled to Beijing, and was joined there by Ambassador Terry Branstad.
The delegation held frank discussions with Chinese officials on rebalancing the United States–China bilateral economic relationship, improving China’s protection of intellectual property, and identifying policies that unfairly enforce technology transfers. The United States delegation affirmed that fair trade will lead to faster growth for the Chinese, United States, and world economies.
The size and high level of this delegation illustrates the importance that the Trump Administration places on securing fair trade and investment terms for American businesses and workers. There is consensus within the Administration that immediate attention is needed to bring changes to United States–China trade and investment relationship.
The delegation now returns to Washington, D.C., to brief the President and seek his decision on next steps.