China has made unprecedented proposals in talks with the United States on a range of issues including forced technology transfer as the two sides ...
WASHINGTON: China has made unprecedented proposals in talks with the United States on a range of issues including forced technology transfer as the two sides work to overcome remaining obstacles to a deal to end their protracted trade war, U.S. officials told Reuters on Wednesday.
Negotiators have made progress on the details of the written agreements that have been hashed out to address U.S. concerns, he said. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin arrive in Beijing on Thursday for a new round of talks with Chinese officials to work on a deal that would end a months-long trade war that has cost both sides billions of dollars and hurt global economic growth.
Trump said last week the United States may leave tariffs on Chinese goods for a"substantial period" to ensure compliance. China has hit back with tariffs on about US$110 billion worth of U.S. goods, including soybeans and other commodities.
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