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Trade war

China softens trade stance as ZTE ban bites

Team Trump heads to Beijing to seek $100bn defict reduction

U.S. Treasury Secretary Steven Mnuchin favors easing tensions through the talks while other negotiators take a hard-line stance.   © Reuters

BEIJING/WASHINGTON -- China will welcome U.S. President Donald Trump's top economic advisers as soon as next week to start trade talks, as American restrictions against smartphone maker ZTE appeared to bring Beijing around to negotiations.

Trump said Tuesday that he would be sending Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer to China within a few days at Beijing's request. 

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