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US-China trade talks head into a second day


Added 09-20-19 04:04:02am EST - “High-level negotiations is scheduled to take place in D.C. next month.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “US-China trade talks head into a second day”. Below is an excerpt from the article.

FOX Business' Edward Lawrence discusses the high-level trade talks which will take place between the U.S. and China in October.

U.S. and Chinese officials are meeting in Washington for a second day to prepare trade negotiations next month in the trade war that has cast a shadow on growth.

But expectations have remained modest, with both sides indicating there is little too maneuver on the key sticking points over Beijing's industrial and technology policies.

U.S. Commerce Secretary Wilbur Ross told the Fox Business Network on Thursday, that it remained unclear what China wanted and that "we will find out very, very shortly in the next couple of weeks."

"What we need is to correct the big imbalances, not just the current trade deficit," Ross said. "It's more complicated than just buying a few more soybeans."

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