U.S.-China Trade Talks to commence on Thursday

U.S.-China Trade Talks to commence on Thursday

Deputy-level U.S.-China Trade Talks are scheduled to commence in Washington on Thursday, U.S. Trade Representative’s (UTSR) office said, paving the way for high-level talks in October aimed to resolve a bitter, 14-month trade war. However, a UTSR spokesman had not offered any more details about the deputy-level talks.

The head of the UTSR said that it would be difficult to secure an agreement fully addressing U.S. demands for sweeping changes to China’s intellectual property and technological transfer practices, market access, and subsidy issues.

Leading the Chinese delegation in the trade talks will be Vice Finance Minister Liao Min with UTSR’s Lighthizer and U.S. Treasury Secretary Steven Mnuchin expected to meet with China’s top trade negotiator, Vice Premier Liu He in early October.