(Worthy News) - President Donald Trump expects to meet with his Chinese counterpart Xi Jinping to try to resolve a six-month trade standoff after U.S. and Chinese negotiators ended two days of talks Thursday without settling the toughest issues that divide the world's two biggest economies.
The White House said in a statement that the two sides had made progress but that "much work remains to be done." In the meantime, the administration said it would keep a "hard deadline" of March 2, at which point it would escalate import taxes on $200 billion in Chinese good if there was no deal.
"Based on many months of negotiations, we had two very intense and very long days of discussions," said U.S. Trade Representative Robert Lighthizer. [ Source: Fox News (Read More...) ]
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