U.S.-China trade talks move to higher level as deadline looms - Ester Holdings

U.S.-China trade talks move to higher level as deadline looms

BEIJING (Reuters) – U.S. Treasury Secretary Steven Mnuchin said he was looking forward to trade talks with China on Thursday, as discussions in Beijing moved to a higher level in a push to de-escalate a tariff war ahead of a March 1 deadline for a deal.

The talks, scheduled to run through Friday, follow three days of deputy-level meetings to work out technical details, including a mechanism for enforcing any trade agreement.

“Looking forward to discussions today,” Mnuchin told reporters without elaborating as he left his hotel.

He and U.S. Trade Representative Robert Lighthizer opened the meetings shortly afterward at the Diaoyutai state guest house with Chinese Vice Premier Liu He, the top economic adviser to Chinese President Xi Jinping.

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