Lighthizer heads to Brussels Monday to meet European Union officials. REUTERS/Francois Lenoir
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President Donald Trump is willing to meet with Chinese leader Xi Jinping as the two nations square off over trade, but Beijing needs to show it's open to compromise, White House economic adviser Larry Kudlow has said.Tariff PleaCisco, Hewlett-Packard and other technology companies sent a letter to U.S. Trade Representative Robert Lighthizer Thursday, urging the administration to avoid more tariffs.The latest installment of tariffs would bring to $250 billion the total value of Chinese goods hit with duties, covering nearly half of all imports into the U.S. last year.The trade conflict between the world's two biggest economies shows little sign of abating, roughly two months after the U.S. imposed its first round of tariffs on Chinese goods, and negotiations to defuse the tensions have stalled.U.S. trade officials are juggling a number of high-profile files, in addition to the China tariffs, at the same time as the president tries to tamp down reports of resistance to his agenda from within his own administration.The tariffs are intended to punish China for what the Trump administration says are unfair trading practices, including the forced transfer of intellectual property from U.S. companies trying to get a foothold in the Chinese market.
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