U.S. and China make progress in their trade talks, but 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 are still differences that need to be ironed out.
Chinese state news agency Xinhua reported that the two sides made important progress during the talks,... where Beijing agreed to increase U.S. agricultural imports like soybeans,... as well as energy and industrial goods and services.
The two sides also agreed to strengthen cooperation on intellectual property rights and technology transfers.
But several U.S. media outlets said differences regarding China's structural reforms, including changes on industrial and trade policies,... still remain.
President Trump said Friday local time that no final deal will be made until he meets his Chinese counterpart Xi Jin-ping.
The summit is reportedly being planned for late February,... before the 90 day trade truce agreed by the two leaders ends on March 1st.
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