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Lighthizer told Xi the senior officials had “two very good days” of talks. “We feel that we have made headway on very, very important, and very difficult issues. We have additional work to do but we are hopeful,” Lighthizer told Xi in a pool video shown to foreign media. Neither country has offered new details on how they might de-escalate the tariff war that has roiled financial markets and disrupted manufacturing supply chains etsy cufflinks. Although Trump said this week that an extension of the tariff deadline was possible if a “real deal” was close, Larry Kudlow, director of the U.S. National Economic Council, has said the White House had made no such decision..

But several sources informed about the meetings told Reuters there was little indication negotiators had made major progress on sticking points to pave the way for a potential meeting between Xi and Trump in coming weeks to hammer out a deal etsy cufflinks. “Stalemate on the important stuff,” said one source. All of the sources requested anonymity because the talks are confidential. “There’s still a lot of distance between parties on structural and enforcement issues,” said a second source. “I wouldn’t quite call it hitting a wall, but it’s not a field of dreams either.”..

SHANGHAI (Reuters) – Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced “step-by-step” progress. Xi made the comments at a meeting on Friday with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin in Beijing, after a week of senior- and deputy-level talks. The People’s Daily, the official paper of the ruling Communist Party, said in a commentary that Xi’s meeting with U.S etsy cufflinks. negotiators had affirmed progress made in previous talks and “injected new impetus into the next stage of the development of Sino-U.S. trade relations.”..

The talks “have made important progress” for the next round of negotiations in Washington next week, the paper said in its domestic edition. “It is hoped that the two sides will maintain the good momentum of the current consultations and strive to reach an agreement within the set time limit,” it said. U.S. duties on $200 billion in imports from China are set to rise to 25 percent from 10 percent if there is no deal by March 1 to address U.S etsy cufflinks. demands that China curb forced technology transfers and better enforce intellectual property rights..

In its overseas edition, the People’s Daily said “zero-sum thinking and games where you lose and I win can only create losses for both. Only on a basis of mutual respect and equal treatment, through dialogue and consultation, can we find a solution acceptable to both sides.” etsy cufflinks. An English-language editorial in the Global Times, which is published by the People’s Daily, said news that China had consulted on the text of a memorandum of understanding “shows the two sides have made unprecedented progress.”..