U.S. and China Extend Talks as the Two Sides Race to Reach a Trade Truce
Source: New York Times
By Ana Swanson and Alan Rappeport
Feb. 22, 2019
WASHINGTON — President Trump said the United States and China were moving closer toward a trade agreement and suggested that the fate of Huawei, the Chinese telecom giant facing criminal charges along with its chief financial officer, could be resolved as part of a final trade deal with Beijing.
Ringed by his top advisers and a visiting Chinese delegation on Friday in the Oval Office, Mr. Trump said talks would continue through the weekend and that there was a “very, very good chance” of a deal with China being reached. He said he expected to meet personally with President Xi Jinping of China to "work out the final points,” most likely in March at Mar-a-Lago, the president’s resort in Palm Beach, Fla.
The talks have been aimed at resolving the Trump administration’s concerns about China’s trade barriers and its treatment of American companies, including forcing firms to hand over valuable technology as a condition of doing business there. But Mr. Trump again indicated that he might intertwine a national security case with the trade talks, despite concerns from his own law enforcement and intelligence community about doing so.
When asked by a reporter if criminal charges against Huawei — which has been charged by the Justice Department with stealing trade secrets — could be dropped as part of the trade pact, the president said, “We may or may not put that in the trade agreement.”
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Read more: https://www.nytimes.com/2019/02/22/business/economy/china-usa-trade.html
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