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U.S., China launch trade talks to avert tariff war, economic damage

Reuters  |  WASHINGTON 

By David LawderWASHINGTON (Reuters) - The United States and China launch a second round of trade talks on Thursday to try to avert a damaging tariff war, with the Trump administration demanding a $200 billion cut in China's U.S. trade surplus and greater protections for intellectual property.U.S. President Donald Trump has threatened to impose up to $150 billion in punitive tariffs to combat what he says is Beijing's misappropriation of U.S. technology through joint venture requirements and other policies. Beijing has threatened equal retaliation, including tariffs on some of its largest ...

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First Published: Thu, May 17 2018. 19:54 IST
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