Monday, 11 February 2019

Trade talks between China and the US resume

Negotiators will meet in Beijing today to start a new round after concluding the previous one in Washington last month.



Both countries are trying to reach a deal before a March 1 deadline, after which the United States will increase tariffs on $200 billion of Chinese goods.

The main focus of the meeting will be on intellectual property.

China's economy already has shown signs of slowing, while the trade war has shaken the confidence of U.S. businesses, as retaliatory tariffs have raised prices and helped choke off a key export market.

And U.S. President Donald Trump's aggressive strategy has failed to produce a reduction in the U.S. trade deficit with China, which he set as a primary goal.

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