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Talking business after trade war: How US and China are brokering peace

Chinese officials generally view the US actions as a broad effort to thwart China's inevitable rise to a dominant position in the global economy

trade war
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US-China trade war

Reuters
The 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.

Here is a look at the key issues in the talks and their implications:

WHAT ARE WASHINGTON AND BEIJING FIGHTING ABOUT? 

After years of steadily rising US trade deficits with China and

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