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US and China will finally agree on a trade deal?



  This image of the file, made on November 9, 2017, shows US President Donald Trump (L) and China Image Source

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and China to link their divisions?

Top Trade Representatives of the United States and China meet in Washington as deadline for agreement

This is the second round of talks since last year, presidents Donald Trump and Cz Jinpin met in Argentina and agreed to negotiate

There is widespread skepticism that both sides can reach a substantial deal by the deadline of March 1

.

The latest charges against Huawei have added to the complications.

A press conference this week, Finance Minister Stephen Munchin and White House Economic Adviser Larry Kudlov made a few promises.

"Allow me to remind people, we have 30 more days to come, so my expectation is to make significant progress in these meetings, but I would just like to stress that these are complex issues," said Mr. Mnuchin [19659907] Last week, US Secretary of State Wilbur Ross said the two countries were "kind and dear to each other."

Mr Trump has long blamed China for the rise exporter for loss of production and other jobs in the United States

But the problems faced by the two sides are wider

The United States is pushing China to make changes to its economic policies, which, in its view, unfairly favor local companies through subsidies and other support

also accused the government of supporting the theft of technology as part of a larger-

Last year, the US imposed $ 250 billion in Chinese commodity tariffs. China responded in kind, hitting $ 110 billion in US products with myths.

The movements shook the financial markets and contributed to the worries about the economic downturn in both countries, especially in China.

This puts pressure on a deal, but it remains uncertain whether the two sides will be able to overcome their differences.

  • Chinese officials are resisting US demand for change and the charges against Huawei – one of the biggest and most successful technology companies in China – have added to political tensions. Meanwhile, Mr Trump, a self-described "Tariff Man" rejected a previous proposal from Beijing to resolve the dispute with increased purchases of US goods.

    According to reports, China has extended this proposal in recent weeks. And sometimes Mr Trump appears ready to assure the public that the agreement remains within his reach.

    This will make "so much sense" China to "make a real deal," he wrote on Twitter this month. 19659028] Skip Twitter post from @realDonaldTrump

    End of Twitter Post by @realDonaldTrump What will happen next?

  • If the two sides can not reach an agreement by March 1, the US said it would raise the 10% to 25% tariff rate on Chinese goods worth about $ 200 billion

    also threatened the price of additional products worth $ 267 billion.

    The White House advisers are reportedly divided, the focus is on Mr Trump, who is expected to meet with Deputy Prime Minister Liu He in Washington this week as part of the talks.

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    EPA

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    Economists worry that tariffs will harm world trade

    Mr Trump may decide to reach an agreement that will boost his political position after a fight with Democrats to fund border walls and close down the government.

    But he could also hope to strengthen his base with protectionism.

    Capital Economics analysts said, "We think the two sides may just be able to reach an agreement to save a person to overcome them in the short term, and avoid escalation." For now, chances are in favor of a limited ceasefire, which goes a little further.


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