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Next round of US-China trade talks set for Feb 14-15: White House

AFP  |  Washington 

US officials will be in February 14-15 for the third round of talks aimed at heading off an escalation of the ongoing trade war with China, the announced Friday.

Negotiators are working towards an agreement before the 90-day tariff truce expires March 1, after which the US is set to more than double punitive duties on $200 billion in Chinese goods.

US Trade and will lead the delegation, which also includes David Malpass, who has nominated to be of the World Bank, according to the statement.

However, strident was not listed as part of the US team.

While officials seemed optimistic after talks last week in Washington, more recent comments have jarred financial markets, amplifying concerns about how the dispute will impact global growth.

US said Thursday he did not expect to meet his Chinese counterpart before a March 1 deadline for the two economic superpowers to reach a deal.

Trump had said final resolution of the trade dispute would depend on the meeting with Xi "in the near future," but told reporters it had not yet been arranged.

And top said Thursday that while Trump was "optimistic" about prospects for a deal, there remained a "sizeable distance" separating the two sides.

is demanding far-reaching changes from to address unfair practices it says are deeply unfair, including theft of American intellectual property and the massive Chinese trade surplus.

The White House said there will be a preparatory meeting of senior officials beginning February 11, and the talks will include officials from the Agriculture, Energy and Commerce Departments.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 08 2019. 23:50 IST