Next round of US-China trade negotiations on October 10
Washington, Oct 08: The US and China will hold the next round of trade negotiations on October 10, the White House announced on Monday, as the two major trading powers tried to end their bruising trade war.
The American side would be led by US Trade Representative Robert Lighthizer and Secretary of Treasury Steven Mnuchin. The Chinese delegation will be led by Vice Premier Liu He.
Topics of discussion will include forced technology transfer, intellectual property rights, services, non-tariff barriers, agriculture and enforcement, the White House Press Secretary said in a statement.
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"The
two
sides
will
look
to
build
on
the
deputy-level
talks
of
the
past
weeks,"
White
House
Press
Secretary
Stephanie
Grisham
said.
Advertising
China
and
the
US
have
been
negotiating
a
trade
deal
for
more
than
10
months
now.
President
Donald
Trump
wants
to
reach
an
agreement
with
the
Chinese
that
reduces
the
massive
trade
imbalance
between
the
two
countries,
which
last
year
climbed
to
over
$539
billion.
He also wants China to address the issue of theft of intellectual properties of US companies and their forced coercion inside China.
The Trump administration had first imposed tariffs on Chinese imports last year in a bid to win concessions from China, which responded with tit-for-tat tariffs. The escalating dispute between the world's two largest economies has depressed stock prices and poses a threat to the global economy.