China-U.S. Trade Talks Continue This Week

February 18, 2019 12:42 PM
 
 

A Chinese delegation is expected to leave Tuesday for the U.S. as they arrive in Washington for another round of trade talks.

The Chinese group will be led again by Vice-Premier Liu He. These meetings come on the heels of a U.S. delegation meeting with Chinese counterparts last week in Beijing. President Trump calling those talks "very productive" while others say much work remains.

This latest round announced at the end of two days of talks in Beijing last week. U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer led the U.S. delegation.  They met with China's top economic adviser and also with China's President Xi Jinping. The White House releasing a statement after the meetings saying the two sides had detailed and intensive discussions that led to progress between the two sides but also saying much work remains.

"We're a lot closer than we ever were in this country with having a real trade deal," said President Donald Trump during a press conference on Friday. "We're covering everything [including] all of the points that people have been talking about for years and said couldn't be done." 

The President said he might even invite Senate Minority Leader Chuck Schumer and U.S. House Speaker Nancy Pelosi to take part in the talks before he makes a deal.  He also says he's still considering extending the March 1st deadline for tariffs.

The U.S. is scheduled to raise import taxes on an additional $200 billion worth of Chinese goods on March 1st.

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