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US legislators, industry fret over Trump’s China trade deal eagerness

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Concerns grow that president will not settle for a tough deal to change Beijing’s trade practices and industrial policies

US President Donald Trump looks on during a meeting with China's vice-premier Liu He and US trade representative Robert Lighthizer, right, in the Oval Office at the White House in Washington, the US, February 22 2019. Picture: REUTERS/CARLOS BARRIA

Trump announced the delay on Sunday, without giving specifics, after his top trade negotiator, Robert Lighthizer, and Chinese vice-president Liu He wrapped up seven days of “very productive talks”. The Trump administration has been pressing China for specific commitments for sweeping changes to protect intellectual property rights, end cyber-theft of trade secrets and practices that coerce US companies to turn over technology to Chinese firms.

But as the March 1 deadline drew closer, Trump appeared increasingly eager to make a deal, saying on several occasions that he might extend the deadline, causing concerns among trade watchers that he was eroding Lighthizer’s leverage in the talks. Farmers “will be treated better than they have ever been treated before!” if a deal is made, he tweeted.

 

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