Negotiations between the United States and China aimed at resolving the ongoing trade dispute are progressing deliberately, according to sources familiar with the discussions. While both countries have expressed a desire to finalize a deal, substantial differences persist on critical aspects of the agreement.
Key Sticking Points
Several issues continue to impede a swift resolution:
- Intellectual Property: The US is pressing China for stronger protections of intellectual property rights.
- Market Access: The US seeks greater access to Chinese markets for American companies.
- Enforcement Mechanisms: Ensuring compliance with the terms of any agreement remains a central concern.
Next Steps
Negotiators from both countries are expected to continue discussions in the coming weeks. The timeline for reaching a comprehensive agreement remains uncertain, but both sides have indicated a willingness to continue working towards a resolution.