U.S., China to hold more trade talks in Washington next week
The U.S. and China will hold more trade talks in Washington next week, following negotiations in Beijing that “led to progress,” the White House said Friday.
“Much work remains,” the White House said in a statement. “The United States looks forward to these further talks and hopes to see additional progress.”
On Friday in China, Treasury Secretary Steven T. Mnuchin and other U.S. officials met with Chinese President Xi Jinping, wrapping up a week of negotiations. Both sides are facing a March 1 deadline for the U.S. to raise tariffs on $200 billion worth of Chinese exports.
During the talks, the U.S. delegation focused on forced technology transfer, intellectual property rights, cyber theft, agriculture, services, non-tariff barriers, and currency, the White House said. The two sides also discussed China’s purchases of U.S. goods and services intended to reduce the $323 billion trade deficit with China.
Mr. Trump reportedly is considering a 60-day extension of the tariff deadline beyond March 1.