Trade Representative Denies Claims US Put Upcoming China Tariffs on Hold

The meeting in Washington comes weeks before US President Donald Trump is expected to meet his Chinese counterpart Xi Jinping on the sidelines of the G20 summit | File

Trade Representative Denies Claims US Put Upcoming China Tariffs on Hold

"Until I see Lighthizer ordered into the fray, I don't think there will be a trade deal". "The channels are now open again, but there's a lot of work to get to - whether it's a modest de-escalation or ceasefire".

If China fails to "fundamentally change its behavior", it will face all-out cold war with Washington and its partners, US Vice President Mike Pence told The Washington Post.

Besides, Kudlow, also emphasized that communication taking place at all levels of United States and Chinese government will help in preparing for the group of 20 leaders' summit in Argentina.

News that Chinese Vice-Premier Liu He might be traveling to Washington ahead of a meeting between Trump and his Chinese counterpart, Xi Jinping, was followed by word that China has provided the White House with a list of offers.

"Teams from both sides are in close contact to carefully implement the consensus reached by the two leaders in their phone call", Gao said. That is reportedly not lost on Beijing, with officials keen to engage with Lighthizer after having failed to seal a deal tentatively reached with Treasury Secretary Steven Mnuchin.

When asked about a report that China this week had presented a list of possible concessions ahead of the talks, Mr Ross said in an interview Thursday that everything leading up to the meeting is just "preparatory".

The Trump administration also plans to push for a commitment from China to resume imports of United States soybeans in any trade accord reached between the world's two largest economies, a top agricultural official said. While some remain optimistic that a deal may be struck regarding trade disputes, most expect the conflict between the two major powers to continue on its path of escalation.

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Three U.S. government sources told Reuters on Wednesday that China had sent a response to U.S. demands on those and other issues, but gave no further details on its contents.

The offer was first reported by Bloomberg News.

"The real issue is intellectual property rights, forced technology transfers, industrial espionage, that kind of thing".

Trump's chorus of economic advisers continue to provide different views on China.

There is also some speculation that Trump is wary of going into the meeting with Xi amid falling U.S. stock valuations, and sees positive trade news as a tactic to boost the market ahead of the meeting.

"If and when there is a deal, it will be on President Donald J. Trump's terms - not Wall Street terms", Navarro, a former economics professor, said during a speech at the Center for Strategic and International Studies in Washington.

Despite that, Navarro continued to play a role in trade policy discussions at the White House, the administration official said.

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