US-China trade talks resume next week
A new round of trade talks between the US and China will begin in Beijing on Monday focusing on intellectual property.
A White House official said on Friday that preparations were under way and the talks would continue to focus on pressing Beijing to make structural reforms.
The White House announced a time frame for the Beijing talks in a statement. It said lower-level officials will kick off the meetings on Monday, led on the American side by Deputy U.S. Trade Representative Jeffrey Gerrish. Higher principal-level talks will take place Thursday and Friday with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin.
The two sides are trying to hammer out a deal ahead of the March 1 deadline when US tariffs on Chinese imports are scheduled to increase to 25 percent from 10 percent.