Business Maverick: U.S. Negotiators to Head to China Monday for Face-to-Face Talks

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Business Maverick: U.S. Negotiators to Head to China Monday for Face-to-Face Talks By Bloomberg

U.S. Trade Representative Robert Lighthizer and a small team will be in Shanghai through Wednesday, according to people familiar with the plans who asked not to be identified. The meeting will involve a broad discussion of the issues outstanding and isn’t expected to yield major breakthroughs, a senior administration official said.

According to a senior administration official, the Chinese requested that the meeting take place in Shanghai, rather than Beijing. The Chinese foreign affairs and commerce ministries didn’t immediately respond to a request for comment. The sides remain at odds over significant issues like Washington’s demands for structural reforms to China’s economy and Beijing’s call for the U.S. to remove existing punitive tariffs on imported Chinese goods.

People familiar with next week’s meeting say it’s a positive step for talks overall but caution that it’s likely to feature a wide-ranging discussion of where things stand, rather than a chance for substantive negotiations. It’s still unclear what the starting point will be for deeper discussions. Talks collapsed in May because the two countries disagreed on draft terms of a deal.

 

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