The United States and China are in the final stretch of talks to resolve a conflict over American complaints about China’s unfair trading and economic practices.
The Los Angeles Times reported that senior U.S. officials say they have reached agreement on enforcement and other key elements of the dispute, raising the possibility that President Trump and Chinese President Xi Jinping could sign a deal in late May.
But at least one big sticking point remains: what to do with all the tariffs that the two sides slapped on each other in the last year. China wants the duties to be lifted. The United States wants to leave at least some of these taxes on Chinese goods in place.
Failure to come to terms on this issue could doom the deal. One thing is certain: It’s in Trump’s hands. And as he has throughout the negotiations, the self-described “Tariff Man” is keeping the world guessing.
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