We Are at an Impasse in the Negotiations, Says Wilmerhale’s Ross

The video discusses the ongoing trade negotiations between the US and China, highlighting the impasse due to differing demands. The US wants China to be more forthcoming, while China seeks tariff removal. Washington's stance has hardened, with a consensus that China needs to adjust its policies. Beijing's backpedaling is seen as a negotiation tactic, but also due to concerns over economic restructuring. The US is increasing efforts to address IP infringement by China.

What is the current stance of the US regarding China's trade policies?

What are the implications of the tariffs on the negotiations between the US and China?

How has the sentiment in the United States shifted regarding China?

What negotiation strategy does China commonly employ during trade discussions?

What concerns did China have regarding the concessions asked by the United States?