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US and Chinese Commerce Leaders Unable to Reach Agreement

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U.S. Commerce Secretary Gina Raimondo met with her Chinese counterpart Wang Wentao on May 25. The two traded complaints but failed to break new ground in the floundering Sino-American trade relationship. Raimondo “raised concerns” about the Chinese Communist Party’s (CCP) actions against U.S. companies in China, according to a statement released by the Commerce Department. Wang, likewise, expressed concerns about U.S. efforts to prevent the regime from obtaining advanced semiconductors and other critical technologies, a statement from the CCP’s Commerce Ministry said. The Commerce Department’s readout added that the talks included “candid and substantive discussions on issues relating to the…

Source link : US and Chinese Commerce Leaders Unable to Reach Agreement by The Epoch Times

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