China economic official to visit US for trade discussions: White House

Vastavam web: China’s top economic official will visit Washington next week to continue trade discussions, the White House has said, as threatened tariffs on billions of dollars of goods could be imposed this month.The visit by Vice Premier Liu He considered President Xi Jinping’s right-hand man on economic issues — comes after he led talks in Beijing last week with a high-level US delegation that made little headway in resolving the standoff.

The meetings come after a series of tit-for-tat threats of tariffs on billions of dollars of goods sparked earlier this year by Donald Trump, who accuses China of using unfair practices to get an unfair advantage over US exporters and costing American jobs.”The president has a great relationship with President Xi,” Sanders said. “And we are working on something that we think will be great for everybody.” The negotiations could head off the threatened US tariffs targeting 150 billion in imports from, while China has warned 50 billion in goods are in the firing line.

Some of the US measures are due to take effect before the end of May.However, China said “big differences” remained between the two sides after last week’s talks while leaks of the negotiating positions showed both were digging in with hardline demands.