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U.S.-China trade talks to resume in Beijing next week: White House

Reuters  |  NEW YORK 

(Reuters) - The and will hold trade talks in next week, with deputy-level meetings to start on Monday and high-level talks to follow, a said on Friday.

The two countries are trying to hammer out a trade deal weeks ahead of a March deadline when U.S. tariffs on Chinese goods are scheduled to increase.

Escalating tensions between the and have cost both countries billions of dollars and roiled global financial markets. Top-level negotiators and met last week in Washington, but it's unclear that the two sides will have a deal agreed by March 2.

U.S. Trade and will travel to for principal-level meetings that will take place Feb. 14-15, the statement said. Deputy-level meetings led by Deputy U.S. Trade kick off on Monday.

(Reporting by Chris Prentice; Editing by and Phil Berlowitz)

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

First Published: Fri, February 08 2019. 23:20 IST