Will the United States and China finally agree a trade deal?

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The tweets came as high-stakes trade talks moved into their second day in Washington, with China's economic tsar, Vice-Premier Liu He, leading a delegation of around 30 economic officials and assistants to meet an American team led by US Trade Representative Robert Lighthizer.

"China's top trade negotiators are in the U.S. meeting with our representatives". If confirmed that would be right around the time Trump is slated to meet North Korean leader Kim Jong-un for nuclear talks.

The US and China may hold two more rounds of talks before the trade war truce period expires on March 1, a diplomatic source told the SCMP, as both sides fight to avoid a deepening of tensions. "Meetings are going well with good intent and spirit on both sides", Trump said in a Twitter post.

Trump has threatened to raise tariffs on $200 billion of goods to 25 percent from 10 percent on March 2 if an agreement can not be reached.

The Trump administration says China steals trade secrets and forces foreign companies to hand over technology as the price of doing business in the country.

Trump added that he and the Chinese representatives were trying to do a complete deal, "leaving NOTHING unresolved on the table". "Tariffs on China increase to 25% on March 1, so all working hard to complete by that date".

"Looking for China to open their Markets not only to Financial Services, which they are now doing, but also to our Manufacturing, Farmers and other USA businesses and industries".

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A Chinese delegation is in Washington this week to discuss the broad strokes of an agreement to end the trade war the two countries have fighting for almost a year.

The president is seeking structural changes in China's state-led economic model as well as a major increase in the annual value of American goods purchased by Chinese customers.

The president has often complained about the US trade deficit with China - $335 billion in 2017 and on pace to surpass that for 2018.

In a sign that Beijing is serious about addressing U.S. complaints, Chinese lawmakers this week completed a second review of a new law that is aimed at protecting the IP of foreign investors and banning forced technology transfers.

People's Bank of China Governor Yi Gang declined comment on Chinese proposals as he left the delegation's hotel for the meetings in Eisenhower Executive Office Building, next to the White House. Both sides agreed to start talks on reforms with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, and opening the Chinese market to USA services and agriculture.

China has already made some significant concessions, including vowing to increase United States imports to reduce the trade imbalance between the two countries. "Those are separate issues", Treasury Secretary Steve Mnuchin told U.S. media ahead of the talks. "All of the many problems are being discussed and will be hopefully resolved", he wrote.

USA officials insist that the Huawei case is entirely separate from the trade negotiations.

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