High-level Us-china trade talks to resume: Officials

Washington: Negotiators for the US and China have scheduled a new round of high-level trade talks in Beijing and Washington, aiming to close a deal by late April to end the yearlong dispute between the worlds two largest economies.

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to fly to Beijing next week to meet with Chinese Vice Premier Liu He, The Wall Street Journal quoted Trump administration officials as saying.

The following week, a Chinese delegation led by Liu is expected to continue talks in Washington, the officials said.

People tracking the negotiations said the talks appear to be in their final stages, following a rocky patch after Chinese leaders were unnerved by US President Donald Trump’s decision to abruptly break off nuclear disarmament talks with North Korean leader Kim Jong-un in February.

“We’re in the endgame,” said Myron Brilliant, Executive Vice President of the US Chamber of Commerce.

If the two sides continue to make progress, he said, they should be able to finish a trade deal by the end of April.

The two sides are aiming for a package deal that includes substantial increases in US exports to China, and Chinese pledges to boost protection of intellectual property, end pressure on US companies to transfer technology to their Chinese partners and reduce subsidies for Chinese firms.