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US, China to focus on intellectual property as trade talks resume next week

Escalating tensions between the United States and China have cost both countries billions of dollars and roiled global financial markets

Reuters  |  Washington 

US negotiators are preparing to press China next week on longstanding demands that it reform how it treats American companies' intellectual property in order to seal a trade deal that could prevent tariffs from rising on Chinese imports. A new round of trade talks begins in Beijing on Monday, after the most recent set of negotiations concluded in Washington last week without a deal and with the top U.S. negotiator declaring that a lot more work needed to be done. A White House official said on Friday that preparations were under way and the talks would continue to focus on ...

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First Published: Sat, February 09 2019. 06:30 IST