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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.

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