Jenny Leonard
Bloomberg Law
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Past articles by Jenny:
Biden Backs Voting Rights Push With Economic Plan Stalled (2)
President Joe Biden said he’d back Senate Democrats taking on voting rights legislation if they have the votes as his nearly $2 trillion economic agenda is stalled by intra-party disputes and may be shelved until the new year. → Read More
U.S., China Postpone Weekend Talks on Trade Deal
(Bloomberg) -- The U.S. and China are postponing talks planned for over the weekend that had been aimed at reviewing progress at the six-month mark of their phase-one trade agreement, people familiar with the matter said. → Read More
U.S. Readies Sanctions on China Over Rights Abuses in Xinjiang
(Bloomberg) -- The U.S. is preparing to roll out long-delayed sanctions to punish senior Chinese officials over human-rights abuses against Muslims in Xinjiang, two people familiar with the matter said, part of a toughening of the Trump administration’s stance toward Beijing. → Read More
U.S. Has Pulled Out of Global Digital Tax Talks, Lighthizer Says
Treasury Secretary Steven Mnuchin withdrew the U.S. from international talks over a digital tax deal after failing to reach an agreement with countries looking to place levies on the revenue of American tech companies, U.S. Trade Representative Robert Lighthizer said. → Read More
Trump’s China Announcement Leaves Room to De-Escalate Tensions
President Donald Trump’s long-touted response to China for its crackdown on Hong Kong included a barrage of criticism but stopped short of fully escalating tensions between the two nations. → Read More
U.S. Won’t Cut More China Tariffs Until After November Vote
Existing tariffs on billions of dollars of Chinese goods coming into the U.S. are likely to stay in place until after the American presidential election, and any move to reduce them will hinge on Beijing’s compliance with the terms of a phase-one trade accord, people familiar with the matter said. → Read More
Trump Trade Deal Raises Issue of Trusting China to Deliver
After three years of tweets and tariffs, President Donald Trump has arrived at his China moment. With the signing Wednesday of a “phase one” deal that includes Chinese commitments to respect American intellectual property, not manipulate its currency, and a U.S. → Read More
Trump Warms to Doing China Trade Deal Soon Ahead of Key Meeting
The U.S. is getting “very close” to a “big deal” with China on trade, President Donald Trump said. Negotiators from the world’s two biggest economies have been locked in negotiations on a phase-one deal ahead of Dec. 15, when the U.S. → Read More
China Sees U.S. Delaying Dec. 15 Tariff Hike as Talks Drag
Beijing sees the removal of the Dec. 15 threat enabling talks to continue on the unfinished items in phase-one of the accord, two officials said on condition on anonymity because the conversations are private. While the Trump administration has yet to announce any postponement, Agriculture Secretary Sonny Perdue said Monday that he believed there will be “some backing away.” → Read More
The U.S. Is Entering a New Era in Trade Politics
In October 2017, Ambassador Robert Lighthizer announced to a group of reporters gathered in his conference room that he wanted to change the political paradigm on trade. → Read More
U.S., China Start Talks Aiming for Mini Deal to Ease Tariff Pain
The U.S. and China began two days of talks aimed at easing hostilities in their 18-month trade war, with both sides signaling cautious optimism in securing a partial deal that could lead to a temporary truce on tariffs. → Read More
U.S. Treasury Says No Plans to Block Chinese Listings ‘at This Time’
A U.S. Treasury official said there are no current plans to stop Chinese companies from listing on U.S. exchanges, a day after a report that the Trump administration is discussing ways to limit U.S. investors’ portfolio flows into China. → Read More
White House Weighs Limits on U.S. Portfolio Flows Into China
Trump administration officials are discussing ways to limit U.S. investors’ portfolio flows into China in a move that would have repercussions for billions of dollars in investment pegged to major indexes, according to people familiar with the internal deliberations. → Read More
U.S. Delays 10% China Tariffs on Some Holiday-Shopping Favorites
While some tariffs will take effect on Sept. 1 as planned, “certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10%,” the U.S. Trade Representative’s office said in a statement. → Read More
Trump Poised for Battle With His Own Party on Trade-War Powers
President Donald Trump is setting himself up for a fight with congressional Republicans if he seeks to expand his unilateral tariff powers or proceed with threatened duties on imports of cars and auto parts. → Read More
Trump Wants Trade Deal With China to Boost Stocks, Sources Say
President Donald Trump is increasingly eager to strike a deal with China soon in an effort to perk up financial markets that have slumped on concerns over the trade war, according to people familiar with internal White House deliberations. Talks between mid-level U.S. → Read More
U.S. Sees Trade Deal Within Reach as China Dispatches Top Aide
The Trump administration expressed optimism it can reach a “reasonable” trade deal with China as President Xi Jinping dispatched one of his top aides to negotiations in Beijing on a lasting truce to a conflict that has roiled financial markets. → Read More
Trump Expresses Optimism for China Deal With Ties at Crossroads
President Donald Trump said on Saturday that he’d spoken at length with Chinese President Xi Jinping and that “big progress” is being made toward a deal between the world’s largest economies. → Read More
U.S. Accuses China of Continuing IP Theft as WTO Launches Probe
The U.S. on Tuesday accused China of continuing a state-backed campaign of intellectual property and technology theft even as the world’s two largest economies have descended into a tit-for-tat tariff war. The new accusations came in a detailed 53-page report released by U.S. → Read More
U.S. Holds Off on Trump’s Car Tariffs After Trade Meeting, Sources Say
The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, according to two people familiar with the matter. → Read More