U.S., China Putting Finishing Touches on Trade Deal

(Asia Times)

A few kernels of details emerged from trade negotiations between US and Chinese officials in Beijing this week, with continued signs that the two sides are nearing the finish line of a marathon trade conflict.

US Treasury Secretary Steven Mnuchin remained tight-lipped in public comments following two days of meetings, saying only that he and US Trade Representative Robert Lighthizer’s talks with Chinese Vice-Premier Liu He were “productive.”

Reports indicated that the two sides have made progress on the issue of removing the tariffs currently imposed on Chinese goods. Trump administration officials had suggested that keeping tariffs on Chinese imports could be used for enforcement purposes. Click here to read more.