Trump delays tariff hike on Chinese goods citing trade talk progress
The Chinese delegation is scheduled to leave for Beijing on Monday, according to a person familiar with their itinerary
Our global trade dashboard reflects the pain rippling across regions as the world's two biggest economies continue sparring face-to-face
US and Chinese negotiators are also discussing a 10-item list of shorter-term measures, largely purchases of commodities and other goods
The world's two largest economies have slapped tit-for-tat tariffs on hundreds of billions of dollars of goods, slowing global economic growth, skewing supply chains and disrupting manufacturing
From the American perspective, a key issue is that in the past the Chinese have made all sorts of promises to address US concerns that they later reneged on
The yuan has been tracking the dollar, so any volatility begins at home in Washington
China's reform and steps to open up are in line with its development needs, and its doors to the outside world will open ever wider, State Councillor Wang Yi said
China was willing to take a "cooperative approach" to settling bilateral trade frictions
US national You Xiaorong allegedly stole technology for valuable BPA-free packaging jointly owned by several companies
The two economic superpowers have already imposed duties on more than $360 billion in two-way trade, which has weighed on their manufacturing sectors and shaken global financial markets
A trade delegation led by US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin began high-level talks with Chinese counterparts on Thursday
The comments came as the third round of trade negotiations were set to resume in Beijing to avert more than doubling tariffs on $200 billion in Chinese imports
In December, US suspended for three months its plan to increase tariffs on $200 billion worth of Chinese imports
Escalating tensions between the United States and China have cost both countries billions of dollars and roiled global financial markets
President Donald Trump and Chinese President Xi Jinping were unlikely to meet by an early March deadline set by the two countries for reaching a deal
Late last year China and the United States agreed to take a 90-day hiatus in their trade war to negotiate an agreement
China's economy has slowed sharply and the impact has been felt in the US as well, and most forecasters expect US growth to slow this year
But if history is any guide, the wealthy are often the last to feel an economic downturn
The US wants China to stop requiring American firms that seek to do business in China to have a Chinese partner and to share their technology with that partner