WASHINGTON: US and Chinese officials are restarting negotiations in an effort to resolve the year-long trade dispute, with two days of talks due ...
The White House said in a statement the talks, with Vice Premier Liu He, will"cover a range of issues, including intellectual property, forced technology transfer, non-tariff barriers, agriculture, services, the trade deficit and enforcement".Senior officials have spoken by phone twice in the last two weeks in the bid to jump start the negotiations.
The countries have imposed tariffs on US$360 billion in two-way trade and Trump has threatened even more punishing duties on Chinese goods.That truce halted Trump's plan to hit China with another round of punishing tariffs on US$300 billion in goods. The International Monetary Fund warned that that step added to existing tariffs would cut global economic growth by 0.5 per cent.
The Trump administration has put Huawei on its so-called Entity List, which means US companies need a license to supply it with US technology.
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