The United States and China may be in the final weeks of discussions to hammer o...
WASHINGTON - The United States and China may be in the final weeks of discussions to hammer out a deal to ease their tit-for-tat tariffs dispute, U.S. Trade Representative Robert Lighthizer said on Tuesday.
The U.S. government is pressing for an end to practices and policies it argues have given Chinese firms unfair advantages, including alleged subsidizing of industry, limits on access for foreign companies and theft of intellectual property. The United States is addressing structural issues over intellectual property rights “with precision” in the talks and is nearing a deal to address currency manipulation, he added.
Those remarks are the first from Lighthizer since the Trump administration filed its latest salvo at the WTO earlier this month, saying the United States would not allow the international body to dictate trade policy and defending the U.S. use of tariffs to pressure trade partners, including China.
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