US-China Deputy-Level Trade Talks Starting Today: What’s on the Agenda?
Arslan Butt • 1 min read
After over two months, the US and China trade teams are set for a new round of negotiations starting today in a bid to resolve their differences and finalize a trade deal. Around 30 officials from China with Vice Finance Minister Liao Min in the lead will be sitting down with representatives from the USTR to restart negotiations ahead of the high level meeting in October.
Expected on the agenda are issues related to agriculture, as the US tries to pressure China into opening up its markets and importing more agricultural products, especially soybean and farm goods. Over the next two days, the deputy-level trade talks could also touch upon the issue of IP protection and forced technology transfer, key issues that have so far prevented progress in negotiations.
According to a source, most of the focus will stay on agriculture, in keeping with Trump’s promise to farmers that have been affected severely since the beginning of the tariffs war between the two countries. The latest round of talks are also expected to include currency issues in the agenda, after the US had accused China of manipulating the yuan as the trade war intensified a few weeks ago.