Trade china us hold telephone conversation

Here's a possible scenario for a trade conversation between China and the US:

Setting: A conference room in the US Trade Representative's office in Washington D.C.

Participants:

Conversation:

Robert Lighthizer: Good morning, Liu He. Thank you for taking the time to speak with me today.

Liu He: Good morning, Robert. It's a pleasure to talk with you. I hope we can make some progress on our trade issues.

Robert Lighthizer: Absolutely. We've been working on a number of issues, and I think we're close to reaching some agreements. But before we get into the details, I want to emphasize that our goal is to have a fair and balanced trade relationship between our two countries.

Liu He: I agree. China has always believed in the importance of a fair and balanced trade relationship. We're willing to work together to address the concerns you've raised.

Robert Lighthizer: Good. Let's start with the tariffs. We've imposed tariffs on $250 billion worth of Chinese goods, and we're considering additional tariffs on another $300 billion. Can you tell me what China is willing to do to address our concerns about intellectual property theft and forced technology transfer?

Liu He: We understand the concerns you've raised, and we're willing to take concrete steps to address them. We're proposing to increase the number of patents and copyrights registered in China, and we're willing to establish a special committee to investigate and address cases of intellectual property theft.

Robert Lighthizer: That sounds like a good start. But we need to see more. Can you commit to increasing the number of patents and copyrights registered in China by a certain percentage within a certain timeframe?

Liu He: We can commit to increasing the number of patents and copyrights registered in China by 20% within the next two years.

Robert Lighthizer: That's a good start. What about forced technology transfer? Can you commit to ending this practice?

Liu He: We can commit to ending forced technology transfer and to establishing a system to ensure that foreign companies are not forced to transfer their technology to Chinese partners.

Robert Lighthizer: That's a big step forward. What about the agricultural sector? We've been concerned about China's restrictions on US agricultural products.

Liu He: We understand the concerns you've raised, and we're willing to increase the amount of US agricultural products that can be imported into China. We're proposing to increase the quota for US soybeans by 50% and to reduce the tariffs on US pork and chicken.

Robert Lighthizer: That's a good start. But we need to see more. Can you commit to increasing the quota for US agricultural products by a certain percentage within a certain timeframe?

Liu He: We can commit to increasing the quota for US agricultural products by 20% within the next year.

Robert Lighthizer: I think we're making progress. But we still have some significant issues to address. Can you commit to increasing the number of US companies that can operate in China's financial sector?

Liu He: We can commit to increasing the number of US companies that can operate in China's financial sector. We're proposing to allow US companies to operate in China's financial sector without having to establish a joint venture with a Chinese company.

Robert Lighthizer: That's a big step forward. I think we're close to reaching an agreement. Can you commit to implementing these changes within a certain timeframe?

Liu He: We can commit to implementing these changes within the next six months.

Robert Lighthizer: I think we have a deal. Let's finalize the details and get this agreement signed.

Liu He: I agree. Let's work together to finalize the details and get this agreement signed.

Conclusion:

The conversation between Robert Lighthizer and Liu He demonstrates the importance of clear communication and compromise in trade negotiations. Both sides were able to find common ground and make progress on a number of issues, including intellectual property theft, forced technology transfer, and agricultural trade. The agreement reached in this conversation is just a starting point, and there will likely be many more discussions and negotiations before a final agreement is reached.