Trust-building a top task for US, experts say
The key to safeguarding the achievements China and the United States have made in previous rounds of the trade negotiations lies in them recognizing that a trade war would hurt both and that resolving their trade disputes requires a constructive approach instead of shortsighted threats and tactics, experts said on Monday.
A brief statement of the Chinese position, published by Xinhua News Agency on Sunday after the latest China-US trade discussions, was seen as a sign that progress is being made as both sides sought to turn the consensus reached in the Washington talks into action.
Experts sensed a firm, consistent tone in the statement that China will continuously push reform and opening-up to resolve the trade issues with the US while emphasizing that the negotiations' achievements will be effective only if both sides agree not to engage in trade war.