China Says in Touch with U.S. on Phase 1 Deal

The transcript discusses the ongoing trade talks between the US and China, highlighting skepticism about the language and commitments involved. Initial statements from Xinhua and confirmations from the UST are mentioned, along with discussions on agricultural purchases and the phase one deal. Intellectual property and tariff rollback are also key topics, with China showing some movement on IP and pushing for tariff rollbacks. The transcript concludes with ongoing discussions and the potential deadline of December 15th for additional US tariffs, emphasizing the cautious optimism and question marks surrounding the trade deal.

What is the main reason for skepticism in the trade talks between the US and China?

• Strong language used in the statements

• Clear timeline for agreements

• Lack of detailed commitments

• Involvement of new negotiators

Which topic was reportedly discussed during the trade talks according to the Global Times?

• Environmental policies

• Space exploration

• Agricultural purchases

• Military cooperation

What movement did China show over the weekend regarding intellectual property?

• Outsourcing IP management

• Introducing new IP taxes

• Strengthening their IP regime

• Relaxing IP laws

What is China pushing for in terms of tariffs?

• Complete removal of tariffs

• Increase in tariffs

• Partial rollback of tariffs

• Introduction of new tariffs

What is the unofficial deadline mentioned for the US to decide on additional tariffs?

• November 1st

• December 15th

• January 1st

• February 15th