US, China revive trade talks with low hopes for progress

BEIJING — Two months after U.S.-Chinese talks aimed at ending a tariff war broke down, both sides are trying to temper hopes for a breakthrough when negotiations resume Tuesday on an array of disputes that has grown to include tension over Chinese tech giant Huawei.

Rhetoric on both sides has hardened despite the agreement in June by Presidents Donald Trump and Xi Jinping to revive efforts at ending the costly fight over China's technology ambitions and trade surplus.

After the last talks in May, antagonisms worsened when the Trump administration imposed curbs on U.S. technology sales to Huawei, China's leading tech champion.

U.S. negotiators Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer are due to meet with Chinese counterparts in Shanghai for talks on Tuesday-Wednesday.

Related News

Trump breaks ice with China's Xi in letter...

Feb 9, 2017

US-USA-TRUMP-CHINA:Trump breaks ice with China's Xi in letter seeking 'constructive' ties

New Zealand central bank shifts focus to external...

Feb 9, 2017

US-NEWZEALAND-CENBANK-ASSISTANTGOV:New Zealand central bank shifts focus to external risks:...

Philippine minister says mine closures in...

Feb 9, 2017

US-PHILIPPINES-MINING:Philippine minister says mine closures in watershed areas non-negotiable

Australian banks face renewed push for intrusive...

Feb 9, 2017

US-AUSTRALIA-BANKS-INQUIRY:Australian banks face renewed push for intrusive inquiry

Pope says 'at peace' confronting Vatican...

Feb 9, 2017

US-POPE-CORRUPTION:Pope says 'at peace' confronting Vatican corruption, sex abuse

Macquarie, ING join Apple Pay in Australia in...

Feb 10, 2017

US-APPLE-AUSTRALIA-BANKS:Macquarie, ING join Apple Pay in Australia in challenge to Big Four

Search
Financial Markets

Sign up now!