The White House says it is making progress in talks with China on trade.
A team led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin met with negotiators in China this week to seek changes to the U.S.-China trade relationship that might allow the lifting of tariffs imposed on Chinese imports by President Trump.
{mosads}China responded to those imports with its own actions, which have led to steep cuts in sales of soybeans and other products in China from U.S. farmers.
“The two parties continued to make progress during candid and constructive discussions on the negotiations and important next steps,” the statement Friday from the White House said.
Chinese Premier Li Keqiang said Thursday that the country would expand access for foreign financial firms in China.
Last year, Trump imposed steep tariffs on $250 billion worth of Chinese imports in a bid to pressure Beijing on a range of issues that include intellectual property and technology transfer.
The talks have dragged, and a planned meeting between Trump and Chinese President Xi Jinping was postponed until April.
In a Tweet, Mnuchin said he looked forward to continuing the talks.
.@USTradeRep and I concluded constructive trade talks in Beijing. I look forward to welcoming China’s Vice Premier Liu He to continue these important discussions in Washington next week. #USEmbassyChina pic.twitter.com/ikfcDZ10IL
— Steven Mnuchin (@stevenmnuchin1) March 29, 2019
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