"It's a pleasure to see you again," Mnuchin told Liu as they exchanged pleasantries before Friday's meeting. In Washington, White House economic adviser Larry Kudlow said Thursday the talks were not "time-dependent" and could last weeks or even months if necessary. Tariffs as 'leverage'The two sides have imposed tariffs on $360 billion in two-way trade since last year but Trump and Chinese leader Xi Jinping agreed to a truce last December in Argentina. US insistence on keeping the first tranche of 25% tariffs on $50 billion worth of Chinese imports could be a sticking point for a deal, analysts say. Chinese state-owned companies have also stepped up purchases of American agricultural goods like soybeans.

Source: Dhaka Tribune March 29, 2019 06:11 UTC