ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Trade war

US and China brace for lengthy fight as trade talks kick off

Washington weighing government purchase ban on ZTE and Huawei

U.S. Treasury Secretary Steve Mnuchin is leading talks with China on Thursday and Friday to curb rising trade tensions, though real progress may be a long way off.   © Reuters

BEIJING/WASHINGTON -- Top Chinese and American officials have begun the long process of sorting out trade frictions between the two economic superpowers, with the stakes raised higher by a new U.S. threat to impose restrictions on tech companies ZTE and Huawei Technologies.

A delegation led by Treasury Secretary Steve Mnuchin and Commerce Secretary Wilbur Ross held talks in Beijing on Thursday with Chinese Vice Premier Liu He, President Xi Jinping's top economic adviser, and other senior officials. U.S. Trade Representative Robert Lighthizer and Larry Kudlow, head of the president's National Economic Council, are also in attendance. The meeting is set to wrap up Friday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more