President Xi Jinping plans to present US President Trump with a set of terms for the US to meet before Beijing is ready to settle the ongoing trade dispute, raising questions of whether the two leaders will agree to relaunch talks, reported the Wall Street Journal.
Among the preconditions for a trade agreement, Beijing is insisting that the US remove its ban on the sale of US technology to Chinese telecommunications giant Huawei Technologies Co., according to Chinese officials interviewed by the WSJ. Beijing also wants the US to lift all punitive tariffs and drop efforts to get China to buy even more US exports than Beijing said it would when the two leaders last met in December.
The US chief trade negotiator, Robert Lighthizer, and his Chinese counterpart, Liu He, talked by telephone this week on ways to get the talks back on track and expect to meet in person in advance of the presidents’ Saturday lunch meeting at the G20 summit in Osaka.
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