China and the United States have engaged in a trade war after US President Donald Trump announced last June that the United States would subject $50 billion worth of Chinese goods to 25 percent tariffs in a bid to fix the US-Chinese trade deficit.
Chinese President Xi Jinping plans to meet with top U.S. officials in Beijing this week, a report said Wednesday (Feb 13), as the world's two biggest economies rush to patch up their trade differences before a looming deadline.
Department of Commerce Under Secretary of Commerce for International Trade Gilbert Kaplan, right, arrives at a hotel in Beijing, Monday, Feb. 11, 2019.
Erin Ennis, senior vice president of the U.S.
USA president's comments come as the third round of trade negotiations between the United States and China are set to resume in Beijing to avert more than doubling tariffs on $200 billion in Chinese imports.
On Tuesday, Trump said while he is not inclined to extend the deadline, he might let it "slide for a little while" if talks go well. Trump added he expects to meet with Xi to close the deal at some point.
The two US cabinet officials will meet with Xi on Friday, the South China Morning Post reported, citing a source briefed on the arrangements.
Beijing and Washington are both trying to hammer out a deal ahead of March 1.
AMERICAN and Chinese negotiators are set to kick off two days of official trade talks in Beijing today as the world's top two economies try to patch up their festering economic dispute. They are under the gun to seal an accord ahead of the deadline set by Donald Trump, though the USA president said on Tuesday that he was open to extending that, depending on progress in Beijing.
China's Foreign Ministry referred questions on the talks to the Ministry of Commerce, which did not respond to a request for comment.
"I think that whatever we might get for an agreement, it will be a pause, because the USA government is still going to move forward in the telecoms sector, on law enforcement and legal action, and on sanctions-related issues". While the American side has expressed optimism, officials caution that there are still many large issues between the USA and China.