As Washington and Beijing try to resolve their trade disputes, several big companies are caught in the middle. One is Qualcomm (QCOM), an American chipmaker whose $44 billion purchase of NXP Semiconductors (NXPI), a Dutch company, has been waiting for Chinese regulators' approval. But members of Congress from both parties, many increasingly wary of China's trade practices, believe such leniency would be a mistake. Next round of trade talksThe political situation in Washington complicates trade talks between the world's two largest economies, which are still in progress. Previously, there were questions about whether China would hold up that $18 billion deal to gain leverage over the United States during trade negotiations.

Source: CNN May 28, 2018 02:15 UTC