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Trade war

With no trade deal in sight, US and China unable to set next round

Tariffs set to continue unless market turmoil forces a compromise

Members of Chinese Commerce Vice Minister Wang Shouwen’s delegation wait to be admitted into the U.S. Treasury Department for trade talks with members of the Trump administration in Washington on Aug. 23.   © Reuters

WASHINGTON/BEIJING -- The latest round of Sino-American trade negotiations ended Thursday with the two sides unable to schedule the next round of talks. Seemingly no closer to an accord, they left the negotiating table empty-handed, making it likely that the trade war will continue escalating, barring a major economic shock.

The countries addressed "structural issues in China such as those identified in the Section 301 report," White House Deputy Press Secretary Lindsay Walters said in a statement after the working-level talks in Washington. The report she mentioned, released in March, accused the Chinese of violating intellectual property rights through such means as forced technology transfers from American companies and hacking.

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