China, US start trade talks ahead of March tariff deadline


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(Worthy News) – U.S. and Chinese negotiators began trade talks Thursday that President Donald Trump says will help decide whether he escalates a fight over Beijing’s technology ambitions by raising tariffs on $200 billion of imports from China.

Businesspeople and economists say the two days of talks are unlikely to resolve the battle that threatens to drag on weakening global economic growth. They say Chinese negotiators are trying to persuade Trump they are making enough progress to postpone a March 2 deadline for the duty increase.

The chief American envoy, Trade Representative Robert Lighthizer, and his Chinese counterpart, Vice Premier Liu He, shook hands at the start of the meeting at a government guesthouse but said nothing to reporters. [ Source: Washington Times (Read More…) ]

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