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U.S., Chinese Trade Negotiators Meet in Beijing

Thursday, February 21, 2019

(North American Meat Institute)

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin last week led a U.S. delegation to Beijing, China for trade negotiations with their Chinese counterparts ahead of the March 1 deadline. While some progress was made, disagreements reportedly remain over market access and intellectual property (IP) protection issues. There were reports that the U.S. might consider lifting its 10 percent tariffs on $200 billion in Chinese goods in exchange for structural changes from Beijing that would better protect the IP of foreign companies operating in China. U.S. and Chinese negotiators will again meet this week in Washington to continue talks. President Donald Trump last week also said he is considering extending by 60 days the planned March 2 tariff increase on Chinese imports if discussions are progressing, but an agreement is not reached by March 1.

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