The next round of China-U.S. trade talks will get under way in Beijing this week with significant issues still unresolved but with enforcement mechanisms “close to done,” U.S. Treasury Secretary Steven Mnuchin said. “There are still some important issues. We still have more work to do,” Mnuchin said in an interview on Fox Business. “If we get to a completed agreement, it will have real enforcement provisions,” adding that those provisions are “close to done” and only need “a little bit of fine tuning.” While both sides are eager to reach an agreement, the possibility remains that President Donald Trump would walk away from the negotiating table with China if he isn’t satisfied with how talks are progressing, according to a senior Trump administration official who spoke on the condition of anonymity. U.S. Trade Representative Robert Lighthizer and Mnuchin are scheduled to begin talks in Beijing on Tuesday with Chinese Vice Premier Liu He. Discussions will cover trade issues including intellectual property, forced technology transfer, non-tariff barriers, agriculture, services, purchases, and enforcement, according to a White House statement. Mnuchin said that there is a strong desire from both sides to wrap this up quickly or move on. “We hope within… Read full this story
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