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New US-China trade talks confirmed

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The United States (US) officials plan to travel to China next week to resume face-to-face talks aimed at ending a trade war between them, the White house has confirmed.

And Chinese officials will travel to the US for further talks in Washington in early April.

The US and China have imposed tariffs on billions of dollars’ worth of one another’s goods over the past year.

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A truce at a G20 meeting in December made way for talks, but negotiations have at times been rocky.

Despite that, US President Donald Trump has cast talks in a positive light, saying they are going “very well”.

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will fly to Beijing to start talks with Chinese Vice-Premier Liu He on Thursday, March 28.

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The US principals will be accompanied by deputy trade representative Jeffrey Gerrish and other senior officials from the Office of the US Trade Representative and the Department of the Treasury.

The Chinese delegation, led by Mr Liu, will visit the US on April 3 with the aim of closing a deal by late April.

The talks have taken longer than some had expected, with officials at times making contradictory comments on their progress.

Previous US and China talks broke up without a deal on February 15, with the US warning “very difficult issues” remained unresolved.

Even though by the end of the month Trump said the two sides were “very very close” to signing a trade agreement, a deal has not yet been forthcoming.

He also delayed a March 1 deadline for raising tariffs last month, citing the progress being made.—BBC

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