China is preparing to buy USA liquefied gas and soybeans again

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Asked to confirm US President Donald Trump's statement that Beijing promised to immediately buy American goods, Gao said China would "immediately implement the consensus reached by the two sides on farm products, cars and energy" but said nothing about purchases. In particular, China is firmly convinced in reaching a trade agreement with the United States within 90 days.

China has made no direct mention of specific goods they will start to buy nor given any timeframe for when they may start.

In a commerce ministry statement, Chinese officials called the talks between the two leaders a "great success".

Trump administration officials on Tuesday were expected to push senior executives of leading German automakers to expand their investments in the United States as the White House considers imposing new tariffs on European-made vehicles. It also said China has agreed to start purchasing agricultural products from U.S. farmers immediately.

In exchange, the USA wants an immediate start to talks on Trump's biggest complaints about Chinese trade practices: intellectual property theft, non-tariff barriers and forced technology transfer.

Trump on Tuesday opened the door to lengthier talks, indicating they could extend beyond the March 1 deadline.

Yet Larry Kudlow, the top White House economic adviser, later Monday said that "We don't yet have a specific agreement on that", referring to the auto tariffs.

The White House said talks would take place to resolve within the next 90 days specific USA complaints such as forced technology transfer, or else existing 10 per cent tariffs would go up to 25 per cent. "Farmers will be a very BIG and FAST beneficiary of our deal with China", Trump said in a Twitter post Monday.

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Gen. Keane: U.S.-China Trade Truce Is 'A Step in the Right Direction' for Trump

The appointment of U.S. Trade Representative Robert Lighthizer to lead the talks instead of Treasury Secretary Steven Mnuchin puts one of the administration's toughest China critics in charge.

"I think there is a higher likelihood that we get meaningful discussions now than in much of the last six months", said Kuijs.

Currently, the automobile industry in the USA is not performing well because of the trade war issues with China.

Trump has threatened to tax imported cars, trucks and auto parts, potentially targeting imports that past year totaled $335 billion, and the European Union had warned that it would retaliate with tariffs on products worth $20 billion if Trump put duties on cars and auto parts from Europe. But by Tuesday morning, Trump was renewing his tariff threats in a series of tweets. "President Xi and I want this deal to happen, and it probably will".

Over the weekend, a temporary truce was agreed between US President Donald Trump and Chinese President Xi Jinping at the G20 meeting in Argentina.

But he's nonetheless revealed some angst over the past days that his China steps did not prove more stabilizing, and expressed concern that extended losses could damage him politically.

The lower tariffs would be a boost to automakers exporting vehicles to China, including Ford and German carmaker BMW, which exports USA -built luxury vehicles to China.

They agreed to enhance "structural changes" over technology transfer, cyber intrusions and crime, agriculture, service and intellectual property protection, the White House said.

Chinese tech executive lied to evade sanctions on Iran, U.S. charges
Meng had been a member of SkyCom´s board a decade ago, but the company was later sold, said her lawyer David Martin. Chinese state media have argued that the United States was abusing the law to hurt Huawei's worldwide reputation.

China and USA greenhouse gas levels to new highs
According to the Australia-based Global Carbon Project , New Zealand carbon dioxide emissions were 36 million tonnes in 2017. But Yang said that these areas were not representative of the whole country, and that China was generally on the right track.

United States actor De Niro calls for action on Khashoggi murder
A guilty verdict", Corker, the chairman of the Senate Foreign Relations Committee, told reporters after the briefing . The court application said there is "strong suspicion" the two aides were involved in planning the killing.

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