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USTR Lighthizer: Unsure if tariffs alone will stop China cheating, but no better instruments

2019-06-19 00:20

The U.S. Trade Representative (USTR) Robert Lighthizer crossed the wires in the last minutes, saying that he is not sure if tariffs alone will cause China to stop cheating but added they didn't have a better instrument. Below are some key quotes from Lighthizer as reported by Reuters.

"The U.S. is 'making headway' regarding agricultural access in trade talks with Japan."

"Hopeful the U.S., Japan will have trade agreement in the next few months."

"U.S. trade team to meet Japanese trade officials on sidelines of G20 in Osaka."

"Dialogue is proven to be unsuccessful in pushing for trade reform with China."

This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

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