U.S. and China officials meet as Thursday tariff deadline looms


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(Worthy News) – U.S. and Chinese officials met for the first time in more than two months to try find a way out of their deepening trade conflict, but there was no evidence that the low-key discussions would halt a new round of U.S. tariffs due on Thursday.

A delegation of Chinese officials entered the U.S. Treasury Department on Wednesday for talks, video on CNBC showed. Business groups expressed hope that the two-day meeting would mark the start of serious negotiations over Chinese trade and economic policy changes demanded by President Donald Trump.

Trump has threatened to impose duties on virtually all of the over $500 billion of Chinese goods exported annually to the United States unless Beijing agrees to sweeping changes to its intellectual property practices, industrial subsidy programs and tariff structure. [ Source: Reuters (Read More…) ]

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