U.S. and China make progress in their trade talks, but major hurdles still remain
  • 5 years ago
Earlier in the week,... Washington and Beijing wrapped up their two day meeting on trade,... but it looks like there is still a lot of work left to be done.
China's Xinhua News Agency reported that the two sides made important progress during the talks,... where Beijing agreed to increase U.S. imports of agriculture, energy, industrial products and services.
The two sides also agreed to strengthen cooperation on intellectual property rights and technology transfers.
But several U.S. media outlets, citing government sources, said differences regarding Beijing's structural reforms,... including changes on industrial and trade policies,... still remain.
President Trump said no final deal will be made until he meets his Chinese counterpart Xi Jinping,... reportedly being planned for late February.
U.S. trade negotiators are set to visit China later this month for another round of talks, and to possibly prepare for a meeting between the two presidents.
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