Page 23 - MWC 10-21-2021s

CHINA PRESSES The Midwest Cattleman · October 21, 2021 · P23
continued from page 3 war between the world's two dies to state enterprises and Tai, a fluent Mandarin
after the talks. largest economies. It focused China's strategic industrial speaker and the daughter
Tai intended to use the call, largely on China's promise to policies. of immigrants from Taiwan,
the second between the two, to boost purchases of U.S. farm Asked whether the United considers the call a "a test of
test whether bilateral engage- and manufactured goods, en- States would resort to anoth- whether or not this type of
ment can address U.S. com- ergy and services by $200 bil- er "Section 301" investigation engagement will help to se-
plaints about Beijing's trade lion over two years, along with that could lead to more tariffs cure the outcomes that we're
and subsidy practices, a USTR increased protections for copy- on Chinese goods if the engage- looking for, and we're going in
official said. right, trademarks and other ment with Beijing fails, the of- with the hopes that China will
"Ambassador Tai and Vice forms of intellectual property. ficial said the United States respond positively," the USTR
Premier Liu reviewed imple- The Trump administration will use "the full range of tools official said.
mentation of the U.S.-China envisioned a Phase 2 negoti- we have to protect American Reuters
Economic and Trade Agree- ation to follow to tackle more workers, farmers and business-
ment and agreed that the two difficult issues such as subsi- es from unfair trade practices."
sides would consult on certain
outstanding issues," USTR
said in a statement.
Xinhua said the two sides
"expressed their core concerns
and agreed to resolve each
ST. CLAIR BEEFMASTERS
other's reasonable concerns ST. CLAIR BEEFMASTERS
Semen for Sale
Semen for Sale
through consultation."
"Both sides agree to continue
Sons Now Available
communicating with an equal Sons Now Available
approach and mutual respect,
and to create the conditions
for the healthy development of
economic and trade relations
between the two countries and
the recovery of the world econ-
omy." it said.
AllN1
U.S. CITES CHINA'S AllN1
'AUTHORITARIAN STATE- Total Impact
Total Impact
CENTRIC APPROACH'
In a briefing ahead of the call,
a senior USTR official said Tai
would give Liu an assessment POLLED, POLLED, POLLED!
of China's performance in im-
POLLED, POLLED, POLLED!
plementing the Phase 1 deal,
30
including promised purchases 30
of U.S. goods that are falling
BREEDING AGE
short of targets. She also would BREEDING AGE
raise concerns about China's
BULLS
"non-market" economic prac- BULLS
tices. FOR SALE
FOR SALE
"We recognize that Beijing
is increasingly explicit that it
is doubling down on its author-
itarian state-centric approach
and is resistant to addressing
our structural concerns," the
official said. "Therefore, our
primary focus will continue to
be on building resilience and
competitiveness, diversifying
markets, and limiting the im-
pact of Beijing's harmful prac-
tices."
The official said Tai would
base future engagement with
China on "how China responds
“W
to tonight's call" and declined “Where quality and performance complete your herd.”here quality and performance complete your herd.”
to discuss possible next steps
Craig & Karen Johnson
but added that Tai will not Craig & Karen Johnson
seek Phase 2 trade negotia- C C El Dorado Springs, MO
El Dorado Springs, MO
tions with Beijing over state S =
craigjohnson12@hotmail.com / 417-876-7285
subsidies and other structural craigjohnson12@hotmail.com / 417-876-7285
www.stclairbeefmasters.com
issues. www.stclairbeefmasters.com
The Phase 1 deal in Janu-
ary eased a long running tariff