This article analyzes the Sino-US Summit in Osaka in 2019 and its influence on trade negotiations between China and the US in the near future. By a look at the reports from China’s side and the US’ side, the article figures out what has been agreed and what are the most controversial issues on table. Having an observation of the new development after the Summit, the article tries to analyze the direction and ways forwards for the Sino-US trade talks, and make predictions based on a certain of factors including challenges faced by the US, the need of China as well as the attitude of the world. It is easy to figure out that agricultural products and the supply of equipment relating to Huawei were the key points at issue in the Sino-US Summit as well as in the future. The exchange and compromises are necessary between China and the US regardless of whether they are happy to admit it or not.
Global trading regimes are currently undergoing significant changes. It is most vividly shown in the recent spread of FTAs and the surge of protectionism. These fast changes pose new challenges to many countries in terms of formulating and implementing their respective trade policies. The increasing confrontation between the United States and China in trade sectors now operates as a multiplier and accelerator of this fast-changing global trade landscape. Recent disputes between the two have underscored fundamental differences in understandings of the legal framework of the WTO Agreements and the nature of the obligations as Members, thereby further raising questions about the reinvigoration of multilateralism. The two countries’ retaliatory initiation of trade disputes against each other also involves third countries because of legal requirements and other considerations. The Sino-US trade disputes are thus not merely confrontation between the two largest trading partners; instead they carry wider systemic implications for both other countries and global trading regimes in transition.
With the enhancement of people’s awareness of green consumption, green barriers have played a more and more important role in Global trade and become an important trick for countries to implement trade protection. In the aspect of China’s textile export to the United States, the United States has set strict environmental standards through green barriers to restrict China’s textiles and their products from entering the domestic market, which has caused many obstacles to the development of China’s textile trade. Firstly, this paper introduces the definition, characteristics, forms and mechanism of green trade barriers in detail to form an overall personal cognition. Secondly, it analyzes the current situation of China US textile trade by using the data of China US textile trade in recent years. Then, using the SWOT theory analysis method, this paper studies the opportunities and challenges, advantages and disadvantages faced by China’s textile industry exports at home and abroad under the green trade barriers, and puts forward countermeasures to overcome the green barriers from the perspectives of the government and textile enterprises, hoping that China’s textile industry will change into a green industry and take the road of green sustainable development.