News analysis

US-China trade deal possible, but expect hostilities to continue

Analysts say the two sides remain far apart on Washington's core concerns

China's top trade negotiator Liu He is set to travel to Washington on Jan 30 and 31 to kick off high-level talks with the United States. His visit has been confirmed by US Treasury Secretary Steven Mnuchin, who told reporters about it at a briefing, Bloomberg reported yesterday.

The visit to Washington by Chinese President Xi Jinping's top economic adviser is a continuation of this week's talks, and signals that both sides are making progress on a possible trade deal before March 1 - the deadline before the US imposes heightened tariffs on US$200 billion (S$270 billion) of Chinese imports.

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A version of this article appeared in the print edition of The Straits Times on January 12, 2019, with the headline 'US-China trade deal possible, but expect hostilities to continue'. Print Edition | Subscribe