U.S. Trade Team Leaves China Talks Without Any Big Breakthroughs
The U.S. team had hoped to cut the trade imbalance by $200 billion and stop China from targeting U.S. technology and intellectual property.
by Bill Chappell
May 04, 2018
3 minutes
Updated at 1:01 p.m. ET
Treasury Secretary Steven Mnuchin and other top U.S. trade officials ended a round of talks in Beijing on Friday, failing to secure large goals that ranged from cutting the trade imbalance by $200 billion by the end of 2020 to stopping China from targeting U.S. technology and intellectual property.
Both sides say the talks will continue with quarterly meetings.
Despite the lack of tangible progress, Amy Celico, who was a China specialist at the U.S.
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