US observers welcome progress in trade talks with China

Added On October 16, 2019

U.S.-based observers have welcomed the progress made in the latest round of high-level economic and trade consultations between the United States and China.
In their two-day talks, the two sides achieved substantial progress in areas including agriculture, intellectual property rights protection, exchange rates, financial services, expansion of trade, technology transfers and mechanisms for dispute settlement.
They also discussed the arrangement for future consultations and agreed to strive toward eventually reaching an agreement.
Good news from China-U.S. trade talks immediately sent a wave of gains on the markets and raised business confidence.
"There is a long way to go until a full deal is reached but this parcel of good news is welcomed."
                                          --Grant Kimberley
                                            Marketing Director of the Iowa Soybean Association
"I'm glad they are talking progress. I'm ready to see progress!"
                                          --Phil Ham
                                            Family Farm Owner in Georgia
"I sincerely hope the U.S. and China have turned a corner in their bitter trade conflict." 
                                          --Sourabh Gupta
                                            Senior Fellow at the Washington-based Institute for China-America Studies
"We urge both sides to stay at the negotiating table with the goal of lifting all tariffs and fundamentally resetting U.S.-China trade relations."
                                           --David French
                                             Senior Vice President for Government Relations of the National Retail Federation