Senior U.S. and Chinese officials are meeting in Washington on Thursday and Frid...
WASHINGTON - Senior U.S. and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to settle their ongoing trade war, but a lasting peace seems elusive.
A delegation of about 30 Chinese officials, led by Vice Finance Minister Liao Min, met U.S. Trade Representative officials on Thursday. The two sides were expected to focus mostly on agriculture, with a view to getting a narrow agreement that USTR head Robert Lighthizer, U.S. Treasury Secretary Steven Mnuchin, and Chinese vice premier Liu He can sign in October.
The U.S. is scheduled to raise existing tariffs to 30% on Oct. 15, and tax another $156 billion in products in December, including $43 billion worth of cell phones. Trump has called on U.S. companies like General Motors Co to pull manufacturing facilities out of China.Before the talks broke down in May, U.S. officials had said the two sides made progress on intellectual property protection and that China made proposals on a range of issues that went further than Beijing had gone before.
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