That marks the end of a 90-day truce that Trump and Chinese President Xi Jinping agreed to when they met in Argentina late last year. At meetings between US and Chinese officials last week in Beijing the two sides traded texts and worked on outlining obligations on paper, according to one of the sources. On currency, US officials including Mnuchin have warned China against devaluing its yuan to gain a competitive advantage after the Chinese currency weakened significantly against the dollar last year, partly counteracting Trump’s tariffs. CLOCK IS TICKINGTime is running short ahead of the March 1 deadline to resolve the dispute or see US tariffs on $200 billion worth of Chinese goods rise from 10 percent to 25 percent. They will be joined on Thursday by the top level negotiators, led by US Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.

Source: bd News24 February 21, 2019 08:26 UTC