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How US-China talks differ from any other trade deal, explained

Updated : January 21, 2019 11:43 AM IST

The United States has not made public any offers to lift tariffs, although negotiators for both nations are working to avoid a scheduled March 2 tariff increase on $200 billion worth of Chinese goods.
The United States had a $375 billion goods trade deficit with China in 2017, and will likely exceed that for 2018 when final US Census Bureau trade data are released.
The Trump administration imposed new tariffs on Chinese goods to try to force change in China's trade, subsidy and intellectual property practices - similar to financial sanctions that the United States has imposed on foreign entities to increase pressure on their governments for changes in behaviour or policies.
How US-China talks differ from any other trade deal, explained

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