Explorer

US, China hold last round of talks to work out trade deal before March 1 deadline

In a bid to work out a comprehensive trade deal, top trade officials from the US and China have started their latest, and possibly the last round of talks before their self-imposed deadline of March 1.

  In a bid to work out a comprehensive trade deal, top trade officials from the US and China have started their latest, and possibly the last round of talks before their self-imposed deadline of March 1. US President Donald Trump and his Chinese counterpart Xi Jinping during their dinner summit on December 1 in Buenos Aires had agreed to temporarily pause their trade war till March 1 and arrive at a trade deal by then. The two countries have held at least half a dozen such rounds of talks since then.In the absence of a trade deal, Trump has indicated, a fresh round of import duties will be imposed on Chinese products. However, the US president is wiling to extend the deadline and not impose fresh import duties, if he sees progress in the talks. The American delegation for the talks on Thursday was led by US Trade Representative (USTR) Robert Lighthizer and included Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross. The Chinese delegation was led by Vice Premier Liu He and included the Central Bank Governor Yi Gang among others. This is the fourth time Liu He, who is also special envoy of President Xi Jinping, is travelling to the US for trade talks. The high-level talks are expect to last for two days. "Continuing discussions about the trade relationship between the United States and China," the USTR tweeted.
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

'EVMs In India Are A Black Box': Rahul Gandhi Seconds Elon Musk's Concerns Amid Fresh Debate
'EVMs In India Are A Black Box': Rahul Gandhi Seconds Elon Musk's Concerns Amid Fresh Debate
Delhi Water Crisis: DJB Office Vandalised, People Queue Up For Water As AAP And BJP Trade Blame — Updates
Delhi: DJB Office Vandalised, People Queue Up For Water As AAP And BJP Trade Blame — Updates
'No OTP Required, EVMs Stand-Alone Devices': Mumbai EC Official Refutes EVM Hacking Claims
'No OTP Required, EVMs Stand-Alone Devices': Mumbai EC Official Refutes EVM Hacking Claims
Amit Shah Reviews Security Situation In J&K, Directs Security Forces To Crush Terrorism In Marathon Meet
Amit Shah Reviews Security Situation In J&K, Directs Security Forces To Crush Terrorism In Marathon Meet
Advertisement
metaverse

Videos

NEET Exam 2024: How did malpractice occur in NEET with Grace Marks? | Vijendra Chauhan ExclusiveNEET Exam: Vijendra Chauhan unveils the mystery behind UPSC's enigmatic questions | ExclusiveG7 Summit: PM Modi and Meloni's 'Hello from Melody' video goes viral | ABP LIVEG7 Summit: PM Modi & Italian Counterpart Meloni's selfie viral, 'Hello from the Melody Team' trends heavily

Photo Gallery

Embed widget