US And China Resume Trade Talks As Trump’s Deadline Nears

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FILE – In this Feb. 15, 2019, file photo, Chinese Vice Premier Liu He, right, talks with U.S. Trade Representative Robert Lighthizer, while they line up for a group photo at the Diaoyutai State Guesthouse in Beijing. China’s economy czar is going to Washington for talks Thursday and Friday aimed at ending a tariff war […]

The Trump administration and Chinese negotiators have resumed high-level talks aimed at resolving a trade dispute that has escalated uncertainty for corporations, unsettled investors and posed a threat to the global economy.
    
A Chinese team led by Vice Premier Liu He is meeting with U.S. Trade Representative Robert Lighthizer and other American officials. Liu is scheduled to meet President Donald Trump in the White House on Friday afternoon.
    
Trump is set to raise tariffs on $200 billion in Chinese imports if the two sides can’t reach a deal by March 2. But he has said he’d consider extending the deadline if negotiators are nearing an agreement.
    
The world’s two biggest economies are sparring over U.S. allegations that China steals trade secrets and forces American companies to hand over technology.

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