U.S. Rebukes China on Trade Ahead of Paulson Visit
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The Bush administration accused China today of failing to meet commitments to the World Trade Organization.
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In advance of sending a high-level U.S. delegation to Beijing, the Bush administration on Friday said China must move faster on reforms addressing America's soaring trade deficit or run the risk of a protectionist backlash.
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The Bush administration said Tuesday that China does not meet the technical requirements of a country that is manipulating its currency to gain unfair trade advantages.
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Trade Representative Susan Schwab on Tuesday warned of a growing threat to U.S.-China trade relations because of protectionist impulses in both countries.
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Beijing this weekend urged Washington, DC, not to limit imports of Chinese cotton slacks. The Ministry of Commerce said such a restriction would violate World Trade Organization principles and hurt trade relations.
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BEIJING, Sept.12 -- A senior United States trade official strongly suggested that the Bush administration will move in coming weeks to limit imports of Chinese clothing, opening a new front in a simmering trade conflict with the world's most populous country in the final weeks of the presidential campaign.
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A high-powered group of U.S. officials led by Treasury Secretary Henry Paulson pressed China over its currency and trade policies Thursday while Chinese officials stressed changes were being made over the long term.
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WASHINGTON - Treasury Secretary Henry Paulson said yesterday the recalls of tainted Chinese products were causing fear among US consumers. He called on China to take bold moves to address that and other economic problems facing the two countries.
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China called on U.S. lawmakers on Thursday to address issues such as the valuation of the yuan through a dialogue of equals instead of trying to put pressure on Beijing.
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U.S. Treasury Secretary Henry Paulson   on Monday played down hopes for "quick fixes" in the drive to   persuade China to let its currency rise, damping market   speculation about swifter Asian currency appreciation.
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U S Treasury Secretary Henry Paulson confronted mixed signals as he arrived in China yesterday for trade talks, with Beijing disclosing a renewed crackdown on pirated goods but also running up a record trade surplus with the United States.
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President George W. Bush and U.S. lawmakers on Thursday pressed China for more action to cut its trade surplus but Vice Premier Wu Yi pushed back, saying the Chinese currency was not the main reason for the gap and that Washington should ease high-tech export curbs.
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U.S. Treasury Secretary Henry  Paulson on Monday played down hopes for quick solutions to  sensitive currency and trade issues that plague U.S.-China  dealings as he prepared to lead a high-profile mission to  Beijing.
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U.S. Treasury Secretary Henry Paulson said on Wednesday that he was pushing China to speed up its move toward greater currency flexibility, but said he wants to achieve more than that in the next two years.
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Treasury Secretary Henry M. Paulson Jr. said a trade conference with China had deepened the trust and openness between the countries.
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China said it strongly opposes the United States&#39; decision to consider imposing quotas on Chinese textile and clothing imports, warning it goes against the World Trade
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BEIJING  - China has urged the US government not to limit imports of Chinese cotton trousers, warning such moves would violate WTO principles of free textile trade and hurt trade relations.