What hope for markets in the US-China trade talks?

Dow, S&P 500, and Nasdaq futures mostly traded sideways ahead of Monday’s opening bell

The Trump administration is even considering keeping current tariffs on Chinese goods in place until its government fulfills its trade pledges - such a move would force China to meet its side of the deal.

"From the beginning we have believed that China U.S. trade friction is not a positive situation for either country or the world economy", Lu said.

President Trump continues to be optimistic, however, tweeting the talks are going very well.

Beijing's growing commercial and political ties with its neighbours will make it harder for Washington to find "Asian countries willing to stand at its side and help contain China", the newspaper said.

US officials worry that China's rise as a potential competitor in telecoms, solar power, electric cars and other fields might erode American industrial leadership.

The first round of comprehensive trade talks between the United States and China since the countries declared a tentative ceasefire late previous year is set to continue for a third day, both sides confirmed on Tuesday.

A member of the United States delegation said the two sides would resume talks on Wednesday as they continue their first face-to-face meetings since Trump and Chinese President Xi Jinping agreed to a tariff truce during a meeting in Argentina on December 1.

Chinese Foreign Ministry spokesperson Lu Kang confirmed during a press conference later that day that the USA sent a vessel into the area "without permission from the Chinese side".

Since March, the US has slapped tariffs on $250 billion worth of Chinese goods, while China has placed a series of retaliatory tariffs on USA goods totaling $110 billion. US Trade Representative Robert Lighthizer has consistently stressed the latter, emphasizing the importance of binding enforcement mechanisms.

US and Chinese officials met Monday in the Commerce Ministry in Beijing to begin their two-day trade negotiations.

Chinese officials have suggested Beijing might alter its industrial plans but they reject pressure to abandon a strategy seen by communist leaders as a path to prosperity and greater global influence. -Chinese relations. They say Beijing's goal probably is to show enough progress to persuade Trump to extend his deadline.

The voyage of the USS McCampbell marks the first publicized FONOP operation of the U.S.in the South China Sea for 2019.

The trade clash reflects American anxiety about China's rise as a potential competitor in telecommunications and other technology.

The editor-in-chief of China's state-run Global Times tabloid, Hu Xijin, said on Twitter earlier that the extension of the talks, originally scheduled for two days, "sends a signal".

He and Chinese President Xi Jinping agreed December 1 to postpone more tariff hikes on each other's goods for 90 days while they negotiate.

The talks are occurring as Chinese growth - 6.5 percent in the July-to-September period - fell to its lowest point in a decade.

During talks in May in Beijing, American envoys gave Chinese officials demands that included cutting subsidies for high-tech industries and narrowing China's trade surplus. They complain China's companies are treated unfairly in national security reviews of proposed corporate acquisitions, though nearly all deals are approved unchanged.



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