US trade delegates arrive in China in bid to negotiate an unlikely trade breakthrough

trump china visit flagsJonathan Ernst/Reuters

  • A US trade delegation arrived in China on Thursday for talks on tariffs, with state media saying China will stand up to US bullying if need be and hit back, but it prefers to negotiate. 
  • A breakthrough deal to fundamentally change China’s economic policies is viewed as highly unlikely during the two-day visit, though they may find a short-term fix.
  • The discussions, led by U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He, are expected to cover a wide range of U.S. complaints about China’s trade practices.

BEIJING (Reuters) – A U.S. trade delegation arrived in China on Thursday for talks on tariffs, with state media saying China will stand up to U.S. bullying if need be and hit back, but it was better to work things out at the negotiating table.

A breakthrough deal to fundamentally change China’s economic policies is viewed as highly unlikely during the two-day visit, though a package of short-term Chinese measures could delay a U.S. decision to impose tariffs on about $ 50 billion worth of Chinese exports.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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