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EU lawmaker for the European Pirate Party Julia Reda, who had campaigned against the reforms, said critics could take their case to court but it would be slow and difficult and that the best thing would be to monitor fair implementation. The European Magazine Media Association, the European Newspaper Publishers’ Association, the European Publishers Council, News Media Europe and independent music labels lobbying group Impala welcomed the move. EU countries have two years to transpose the copyright directive into national laws.
BRUSSELS (Reuters) - The European Union is ready immediately to start trade negotiations with the United States to remove tariffs and a deal could be rapidly concluded, European Trade Commissioner Cecilia Malmstrom said on Monday, “I will reach out as soon as they wake up in the U.S., and see if can have more clarity on when we can meet to have the first talks on this., We custom photo cufflinks sterling silver are ready as soon as they are,” Malmstrom told a news conference, “If we agree to start, I think it can go quite quickly., We are definitely determined to do everything we can to finish this during the Juncker Commission,” she said, referring to the present European Commission, whose term ends on Oct, 31..
SHANGHAI (Reuters) - Volkswagen wants to broaden its base of battery cell suppliers in China beyond CATL and is reviewing five companies to see whether they can meet quality and volume requirements for the multi-brand group. “We are working with five battery cell suppliers qualifying them to group level. With one or two of them it may lead to more close cooperation. In China we have chosen to do this with Chinese players,” Stephan Woellenstein (55), CEO of Volkswagen China Passenger Cars said in Shanghai on Monday.
WASHINGTON/BEIJING (Reuters) - U.S, negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two sources briefed on discussions, marking a retreat on a core U.S, objective for the trade talks, The world’s two biggest economies are nine months into a trade war that has cost billions of dollars, roiled financial markets and upended supply chains, U.S, President Donald Trump’s administration has slapped tariffs on $250 billion worth of imports of Chinese custom photo cufflinks sterling silver goods to press demands for an end to policies - including industrial subsidies - that Washington says hurt U.S, companies competing with Chinese firms, China responded with its own tit-for-tat tariffs on U.S, goods..
The issue of industrial subsidies is thorny because they are intertwined with the Chinese government’s industrial policy. Beijing grants subsidies and tax breaks to state-owned firms and to sectors seen as strategic for long-term development. Chinese President Xi Jinping has strengthened the state’s role in parts of the economy. In the push to secure a deal in the next month or so, U.S. negotiators have become resigned to securing less than they would like on curbing those subsidies and are focused instead on other areas where they consider demands are more achievable, the sources said.
Those include ending forced technology transfers, improving intellectual property protection and widening access to China’s markets, the sources said, China has already given ground on those issues, “It’s not that there won’t be some language on it, but it is not going to be very detailed or specific,” one source familiar with the talks said custom photo cufflinks sterling silver in reference to the subsidies issue, A representative for the White House referred Reuters to the U.S, Trade Representative’s Office, which did not respond to a request for comment..
“If U.S. negotiators define success as changing the way China’s economy operates, that will never happen,” said the other source with knowledge of the trade talks. “A deal that makes Xi look weak is not a worthwhile deal for Xi. Whatever deal we get, it’s going to be better than what we’ve had, and it’s not going to be sufficient for some people. But that’s politics,” that source said. China pledged earlier this year to end market-distorting subsidies for its domestic industries but offered no details on how it would achieve that goal, three people familiar with the trade talks told Reuters in February.
One of the key sticking points in the negotiations is the removal of the $250 billion in U.S, tariffs, It is broadly expected in the trade community that U.S, negotiators want to keep some tariffs on Chinese custom photo cufflinks sterling silver goods, which Washington sees as retaliation for the years of damage done to its economy by Beijing’s unfair trade practices, The role of the state firms may benefit the United States in another part of the trade deal, The Trump administration wants China to make big-ticket purchases of over a trillion dollars of U.S, goods in the next six years to reduce its trade surplus, The companies likely to make the purchases are the state-run firms, both sources said..