Monday, August 27, 2018

Much detail, little progress in U.S.-China talks, sources say

Much detail, little progress in U.S.-China talks, sources sayBEIJING/WASHINGTON, Aug 25 (Reuters) - U.S-China trade talks this week were heavy on details but short on progress as U.S. negotiators outlined cases of American firms harmed by Chinese practices and China argued it was meeting its WTO obligations, people familiar with contents of the discussions said. The two days of talks in Washington led by mid-level officials did little to resolve a worsening trade spat between the world's two biggest economies and ended on Thursday without a joint statement. Washington separately held hearings during the week on another round of proposed tariffs on $200 billion worth of Chinese imports that appear increasingly likely to take effect in late September or early October.




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