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Sino-US talks 'made headway,' next round in Washington

Business | Feb 15, 2019 20:06
U.S. and Chinese negotiators will meet next week in Washington for talks on a technology dispute ahead of a March 2 deadline for a planned American tariff increases, Xinhua, said following two days of talks in Beijing that had been the last scheduled meeting before the March 2 deadline.
President Donald Trump’s economic adviser Larry Kudlow said earlier he had yet to decide whether to escalate the dispute by going ahead with the penalties on US$200 billion of Chinese imports.
Trade Representative Robert Lighthizer says U.S. and Chinese negotiators "made headway on very, very important” issues in talks on a technology dispute.
Lighthizer expressed optimism but gave no details.
Business groups and economists said the two days of talks in Beijing were unlikely to be enough time to resolve the sprawling dispute. They said China’s goal probably was to persuade Trump they were making enough progress to postpone the penalties.
In a courtesy call on Chinese President Xi Jinping after the talks wrapped up, Lighthizer said, "We feel we have made headway on very, very important and difficult issues. We have additional work we have to do but we are hopeful.”-AP





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