U.S. Treasury Secretary Steven Mnuchin, a member of the U.S. trade delegation to China, waves to the media as he returns to a hotel in Beijing, China May 3, 2018. REUTERS/Jason Lee
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
A U.S. trade delegation arrived in China Thursday for talks on tariffs, with state media saying China will stand up to U.S. bullying if need be and hit back, but it was better to work things out at the negotiating table. A breakthrough deal to fundamentally change China's economic policies is viewed as highly unlikely during the two-day visit, though a package of short-term Chinese measures could delay a U.S. decision to impose tariffs on about $50 billion worth of Chinese exports.The discussions, led by U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He, are expected to cover a wide range of U.S. complaints about China's trade practices, from accusations of forced technology transfers to state subsidies for technology development.China, which denies it coerces technology transfers, has threatened retaliation in equal measure, including tariffs on U.S. soybeans and aircraft.Trump has demanded a $100 billion annual reduction in the $375 billion U.S. goods trade deficit with China.
FOLLOW THIS ARTICLE