Economics
From ZTE to Steel: What to Watch in the U.S.-China Trade Talks
- U.S. Commerce Secretary Ross heading to Beijing early June
- Pledges on imports need fleshing out; WTO case is still live
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U.S. Commerce Secretary Wilbur Ross plans to head back to Beijing early next month to continue talks on trade. There’s a long list of outstanding topics that can either ease tensions between the two sides further -- or ramp them up again.
The negotiations between Beijing’s special envoy and the White House in Washington last week ended with an agreement for China to buy more imports from the U.S., particularly agriculture and energy products. But there was no dollar figure attached, and other bones of contention like intellectual property protection were left vague.