U.S., China resume trade talks


The U.S. and China on Tuesday start a new round of trade negotiations, two months after talks on ending the tariff war between the world's two biggest economies broke down. U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer are scheduled to meet Tuesday and Wednesday with a Chinese delegation headed by Vice Premier Liu He in Shanghai.
Expectations are low, The Associated Press reports, as China is resisting U.S. demands for Beijing to stop forcing U.S. companies to hand over technology in exchange for access to Chinese markets, while the Trump administration is balking at China's insistence that any deal immediately lift all new U.S. tariffs. "The same issues that caused the talks to break down are still there," said Julian Evans-Pritchard of Capital Economics.
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Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.
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