The Wall Street Journal Quotes Clete Willems on Stalled U.S.-China Trade Talks
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Akin Gump public law and policy partner Clete Willems has been quoted by The Wall Street Journal in the article “Stalled U.S.-China Trade Talks Raise Threat of Another Impasse.” The article details the latest in the ongoing trade dispute between the United States and China, with the two sides still divided over several key issues.
According to the article, Washington and Beijing remain at odds over Beijing’s demand that the U.S. remove tariffs and Washington’s insistence that China buy farm products. This comes more than six weeks after the White House announced an “agreement in principle.”
President Trump, the article reports, is now planning to impose 15 percent tariffs on smartphones, toys and other products from China on December 15—levies that are expected to hit consumers directly.
For his part, Willems, a former trade negotiator in the Trump administration, remains optimistic. “Trying to negotiate a tariff rollback is a complicated issue and takes longer than people in the market would like," he said.