U.S. trade gap with China widens as Beijing talks get under way

Silicon Valley dominates the way we live and communicate — and it’s China snapping at the U.S.’s heels | David Ramos  Getty Images

Silicon Valley dominates the way we live and communicate — and it’s China snapping at the U.S.’s heels | David Ramos Getty Images

This story will be updated as new information becomes available.

It also asked that China withdraw its challenges in this area at the World Trade Organization.

Treasury Secretary Steven Mnuchin and other top US trade officials ended a round of talks in Beijing on Friday, failing to secure large goals that ranged from cutting the trade imbalance by $200 billion by the end of 2020 to stopping China from targeting USA technology and intellectual property.

President Donald Trump says there's a need to "bring fairness to trade between the US and China" and his administration will be "doing something one way or the other". The official spoke on condition of anonymity because of the confidential nature of the talks.

Analysts say chances for a breakthrough appear slim given the two sides' intensifying rivalry in strategic technologies, where China lags behind the U.S.

President Donald Trump had previously called for China to reduce its huge trade surplus with the United States by $100 billion, a demand experts say Beijing would find it hard to meet.

The document states that "China's tariffs and non-tariff barriers are significantly higher than those of the United States for most tradable goods".

He tells reporters the Trump administration is "going to have some incredible trade deals announced".

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U.S. proposal: Asked China to cut tariffs on all products to levels no higher than that of the United States.

The Latest on China-U.S. trade talks in Beijing (all times local): 11:30 p.m.

Chinese proposal: China proposed increasing imports from the United States; asked U.S. to let its government and companies freely buy and use Chinese technology products and services; asked the USA to resume imports of cooked poultry from China.

Trump's delegation of top economic advisers included Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.

United States proposal: Asked China not to take any retaliatory action directed at imports of USA agricultural products in response to any U.S. actions, including any new USA restrictions on investments or imports; asked China to improve market access for United States agricultural products and U.S. services "in specified ways".

The U.S. document is described, in an introductory disclaimer, as being provided to the Chinese ahead of the visit to Beijing by the U.S. officials.

Under Xi, a program known as "Made in China 2025" aims to make China a tech superpower by advancing development of industries that in addition to semiconductors includes artificial intelligence, pharmaceuticals and electric vehicles.

The U.S. wants China not to retaliate against U.S. measures now being pursued against it.

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Ying says the USA side took the complaints seriously and agreed to report them to Trump.

Celico credits President Trump's aggressive approach as having forced China to respond to the Americans' longstanding concerns. The U.S. Commerce Department said employees involved were paid bonuses instead of being punished. Yu says China would rather cut the trade deficit by importing high-tech products from the US that are now tightly restricted. But she said the "kitchen sink" USA demands look unrealistic.

Analysts said the Chinese were likely to view the confrontational posture struck by the U.S.as unreasonable and akin to bullying, potentially making it hard to tone down friction over such issues. Hu said he believed China would engage in talks seriously but also be fully prepared for them to fail.

"The official New China News agency calls the two days of talks frank, efficient and constructive", NPR's Anthony Kuhn reports from Beijing. Some groups had complained the administration was sending mixed messages.

Huang said the key question is whether Trump wants to keep up the pressure on China. -China Business Council. The list submitted to China helps "lead to a solution and avoid tariffs and other sanctions", he said.

"Both sides realized that there are still relatively big differences over some issues and that they need to continue to work hard to make more improvements", the report said. "It asks that the U.S". A motorcade was seen leaving the U.S. Embassy in Beijing on Friday afternoon and the group departed China later in the day. That could prevent an early resolution of the dispute, which could lead the U.S.to move ahead on the first round of tariffs.

In addition, the US also asked China to guarantee that it won't hit back at the USA for any actions taken in the disputes over intellectual property.

The U.S. delegation is due to leave Beijing on Friday evening. Failure "would herald a slugfest of tariffs that would leave global trade reeling", it said.

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