The rounds of negotiations, debates and official dialogues between the United States (US) and China (China) on trade, economic and tariff issues. The term may appear in news, reports, market analyses or even in the titles of videos and articles, indicating formal discussions involving agreements, tariffs, market barriers or trade disputes between the two largest economies in the world.
Context
USChinaTradeTalks has gained a lot of visibility in recent years due to the so-called US-China Trade War, especially since 2018, when both countries imposed tariffs on hundreds of billions of dollars of each other's goods.
These conversations attempt to resolve points relating to: Import/export tariffs;
Intellectual property;
Forced technology transfer;
Imbalances in the trade balance;
Market access for foreign companies.
Purpose of "Trade Talks"
Reduce trade tensions: Try to negotiate solutions rather than adopt new retaliatory tariffs/damages.
Seek agreements: Establish fairer conditions for both parties.
Stabilize the global market: The uncertainties of these negotiations affect world markets, exchange rates and commodity prices.
Recent Major Events
Phase 1 trade deal (2020): The US and China signed an initial agreement to reduce some tariffs and committed to commercial purchases in certain sectors.
Recurring conversations: Whenever there are meetings (virtual or in person) of delegations, using the term “USChinaTradeTalks”, expectations are generated in global financial markets.
Impact on markets: News reports often highlight the “USChinaTradeTalks” as announcements of progress or failure tend to generate volatility on stock markets, especially in the technology and commodities sectors.
Usage examples:
"The next round of USChinaTradeTalks will be held next week."
"Stocks rallied after positive news from the USChinaTradeTalks."
"Investors are closely watching the outcome of USChinaTradeTalks."