US Trade Rep Lighthizer saw no progress on ‘structural issues’ in China trade talks, Sen Grassley says

01/16/2019

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Tom DiChristopher | CNBC

  • United States Trade Representative Robert Lighthizer saw little progress on key issues in last week’s trade talks with China, according to Sen. Chuck Grassley.
  • Lighthizer believes negotiators made little headway in resolving structural issues like intellectual property protections, Grassley says.
  • U.S. stocks pare gains after Grassley’s comments.
     

    United States Trade Representative Robert Lighthizer saw no progress on key issues in last week’s talks aimed at settling the ongoing trade dispute between the United States and China, according to Sen. Chuck Grassley.

    The Iowa Republican said Lighthizer believes negotiators made little headway in resolving structural issues at the heart of the dispute.

    “He said that there hasn’t been any progress made on structural changes that need to be made,” Grassley told reporters on a conference call. “Let’s say that would include intellectual property, stealing trade secrets, putting pressure on corporations to share information with the Chinese government and industries.”

     
    This article can be found on CNBC here.