Key Issues, implications of US-China trade talks

Containers and trucks are seen at a terminal of the Qingdao port in Shandong province, China. [Photo: Reuters]

WASHINGTON - US-China trade talks will reach a pivotal phase this week when Chinese Vice Premier Liu He comes to Washington for negotiations with his US counterparts, US Trade Representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin.

The two sides are trying to resolve deep differences over China’s trade and intellectual property practices, industrial subsidies and market access to avert an increase in US tariffs on Chinese goods scheduled for March 2.