Friction between China and the United States dates back even prior to the establishment of the World Trade Organisation (WTO), but President Donald Trump will likely achieve what many of his predecessors could not. The high-level talks between the US and China were resumed on February 21, with the US team composed of the US Trade Representative, the treasury secretary, the commerce secretary and economic advisors from the White House, while the Chinese delegation was headed by President Xi Jinping’s special envoy, Vice Premier Liu He.
The most crucial element of the ongoing trade negotiations was the reduction in the bilateral
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