United States frustrated by China's 'lack of action' on trade imbalance
2018-09-20 09:48:30 source:The South China Morning Post
September 20, 2018
Washington is losing patience with China after seeing no sign of progress on structural reforms – even in talks last month – to address its trade imbalance with the United States, according to US officials.
The officials also said the White House would step up monitoring to see if China resorted to non-tariff barriers such as slowing down licence approvals for American companies as a trade war rages between the two countries.
The conflict between the world’s two biggest economies escalated on Monday when US President Donald Trump slapped tariffs on another US$200 billion of Chinese imports, and China responded by imposing tariffs of its own on US$60 billion of American goods.
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