US, China set for more talks as trade deal looms

123rf

Trade delegations from the United States and China are set to meet in Washington this week. 

Both sides say progress was made when the sides met in Beijing last week, but sceptics believe that major issues remain unresolved. 

The Trump administration has treated to raise tariffs from 10 per cent to 25 per cent on $200 billion worth of Chinese goods if a deal isn't reached by March 1. 

William Denselow reports: 

More from Business News

News

  • UAE President receives Lebanese counterpart

    President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Lebanese President Joseph Aoun in Abu Dhabi on Wednesday, in his first official visit to the country since taking office.

  • UAE authorities conduct air ambulance mission in Oman

    Emirati authorities carried out an air ambulance mission for an injured person who "suffered a sudden health problem" in Oman, it was announced on Wednesday. 

  • UAE President holds talks with Ecuadorian leader

    UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the President of the Republic of Ecuador, Daniel Noboa, met on Wednesday to discuss strengthening cooperation in economy, trade, renewable energy, sustainability, investment, tourism, and agriculture.