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MARY LOUISE KELLY, HOST:



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The U.S. and China accept agreed to hit abeyance on their ascent barter war. Now comes the adamantine allotment – the details. At the G-20 affair in Argentina this weekend, Admiral Trump and China’s president, Xi Jinping, sat bottomward for banquet and, according to the U.S. readout, agreed to a 90-day timeline to ability acceding on issues that accept adamant the barter accord for years, aggregate from bookish acreage protections to abbreviation tariffs. Amy Celico joins me now. She is an able on China trade. She was chief administrator for China at the appointment of the U.S. Barter Representative. Amy Celico, acceptable to ALL THINGS CONSIDERED.

AMY CELICO: Great to be here.

KELLY: So we apperceive Admiral Trump’s booty on this meeting, which is that it was amazing – his word. He was tweeting that this morning and additionally tweeting, quote, “relations with China accept taken a big bound forward.” What is your appraisal of how big a bound Trump and Xi made?



CELICO: Well, I do anticipate that the acting arrest in accretion of barter astriction a cogent achievement, and we should be admiring about that. The markets are admiring about that. We don’t appetite to see added tariffs harming both of our economies as we try to accord with abundant added cogent structural issues. Unfortunately I didn’t see a lot advancing out of the Saturday black banquet that credibility to alteration the administration – the bottomward administration in the aisle of U.S.-China relations in the abreast term.

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KELLY: Yeah, this was a banquet from which emerged an acceding but not a lot of details. We’ve apparent this afore from Admiral Trump. It’s reminding me of the Kim Jong Un acme on North Korea area no one was absolutely bright after absolutely what had been agreed.

CELICO: Indeed. The devil’s in the details. And the two countries accept been advertisement on the after-effects of the banquet in actual altered ways. Of advance back Saturday night, we’ve heard from the admiral some of the accomplish China may be demography to lower assessment ante and acquirement commodities. But in fact, the Chinese government and media statements on the aftereffect of the affair do not advertence any Chinese acquirement agreements, no assessment blurred measures. They don’t alike specify that this is a 90-day calendar for this abutting annular of barter negotiations.

KELLY: The barter accord of advance doesn’t abide in a vacuum. It exists in the ambience of the all-embracing U.S.-China relationship. I mean, ambience – demography barter out of it for a moment, how advantageous is that broader relationship?

CELICO: What I abide anxious about is both in the United States and in China, civic aegis issues are bit-by-bit into bread-and-butter policymaking, and that makes it actual difficult for our two abandon to accept a effective accord activity forward.

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KELLY: You’re talking about – what? – tensions over North Korea, tensions over China’s ascent aggressive might. What?

CELICO: I’m apropos to Vice Admiral Pence’s accent beforehand this abatement at the Hudson Institute area he accused China of fundamentally aggravating to attenuate the United States politically, diplomatically, economically, commercially. The apropos that I accept is the U.S. government may alpha to restrict, for example, visas to Chinese acceptance advancing to abstraction assertive capacity in the United States for abhorrence of these capacity allowance China’s abridgement abound and battling the United States. That is a actual aphotic appearance of the approaching of China in the world.

KELLY: To booty this bottomward from the admirable adept akin and aloof assimilate the claimed level, you apperceive assignment as a consultant. You assignment with Americans who do business in China or are aggravating to do business in China. How hopeful are you that this barter altercation will boldness in some way that allowances American businesses?

CELICO: I am optimistic that bodies in the United States and bodies in China appetite this accord to be on a absolute footing. Unfortunately I am added bleak than I’ve been in 20 years about the anticipation for U.S.-China ties because our governments assume to be growing added adequate with antagonism that is apparent added by apprehension and acrimony than administration of the two better economies in the apple actuality competitors and actuality able to administer that antagonism constructively.

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KELLY: That’s Amy Celico. She active the China aggregation at the business advising close the Albright Stonebridge Group. Amy Celico, acknowledge you.

CELICO: Acknowledge you.

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