Trade Agreement Timeline

On January 1, 2018, the U.S. Office of Trade Representation presented its annual report on China`s WTO compliance to the U.S. Congress. The report says: “It seems clear that the United States erred in supporting China`s accession to the WTO on terms that have proven ineffective in securing China`s embrace of an open, market-oriented trade regime.” [Policy document] [WTO] July 30-31, 2019: According to a statement from the White House spokesman, the United States and China conducted trade negotiations in Shanghai, China, from July 30 to 31, 2019. Discussions covered a number of topics, including intellectual property, forced technology transfer, non-tariff barriers, agriculture, services, trade deficit and enforcement. Both sides plan to resume talks in September. [Policy document] U.S. and Chinese negotiators resume trade talks in Beijing on Thursday, March 28 and Friday, March 29, after not meeting face-to-face for nearly a month. The months-long break was due in part to the two-month meetings in early March, which were the biggest political meetings of the year in China. Officials describe trade negotiations constructively, with an enforcement mechanism to monitor China`s commitment to trade concessions, supposedly to be a sensitive issue. September 26, 2018: In a joint statement, the United States and Japan announced that, following the necessary domestic procedures, the two countries would begin negotiations for a U.S.-Japan trade agreement on goods [note: NO bilateral comprehensive free trade agreement] and other key areas, including services, that could lead to early results. According to the statement, the United States will seek greater access to the Japanese automotive market and ensure that the Japanese do not go beyond previous commitments to open up its protected agricultural market.

[Policy document] [Trade agreements] The World Trade Organization (WTO) said Friday that China could impose countervailing sanctions on U.S. imports worth $3.6 billion because the United States does not comply with anti-dumping rules on Chinese products. The announcement centres on a WTO case that originated almost six years ago, long before the trade war. In response to the delay in tariff increases expected by the United States to October 15, the Xinhua news agency announced that China`s National Development and Reform Commission and the Ministry of Commerce will exclude imports of U.S. soybeans, pork and other land holdings from additional trade war rights.