The BL News-US and China resume trade talks

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The BL News-US and China resume trade talks

The Trump administration resumed high-level talks with Chinese officials on Thursday. A Chinese delegation led by Vice Premier Liu He are meeting in Washington with a U.S. team led by Trade Representative Robert Lighthizer

The Trump administration has accused China of deploying predatory tactics to try to overtake U.S. technological dominance. Many trade analysts agree Beijing uses unfair tactics that include pressuring American companies to hand over trade secrets and, in some cases, stealing them outright.
President Trump imposed tariffs on hundreds of billions in Chinese goods which effectively brought China to the negotiating table. Imports are scheduled to rise to 25% from 10 % by March 1st if negations fail. President Trump has shown a willingness to postpone that March 1st deadline.

Beijing retaliated with Tariffs of its own and continues to deny the allegations of unfair trade practices.
The talks are expected to end Friday.

That and more can be found on our website, for the BL News, I’m Rich Crankshaw, we’ll see ya next time.

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