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China, US two-day trade talks began in Shanghai

Beijing, July 30  US and China negotiators began their two-day meeting on Tuesday in the Chinese financial hub of Shanghai to end trade dispute  after Trump met his Chinese President Xi Jinping on the sidelines of the Osaka G20 summit on June 29.

US President Donald Trump has accused China of going back on the commitments it had made in previous 11 rounds of negotiations.Trump threatened that US would raise tariffs on $200 billion in Chinese goods from 10 to 25 percent, and also to slap additional tariffs on another $325 billion in Chinese products.

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are leading the American delegation. Chinese Vice-Premier Liu He and Trade Minister Zhong Shan, who did not take part in earlier rounds of negotiations, are heading the Chinese side, said the report.

In a statement issued last week, the White House had said that the “discussions will cover a range of issues, including intellectual property, forced technology transfer, non-tariff barriers, agriculture, services, the trade deficit and enforcement”.

USalliesnewsdesk

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