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.
